Market Overview With inflation down from its peak and a credit crunch looming, Central Banks on both sides of the Atlantic have slowed the pace of the rate hikes and

Market Overview Entering into the second quarter of the year offers a moment of pause to look back at the performance of the first quarter of 2023. While most market

Market Overview Risky assets continue to react to the central bank action with expectations that interest rates will remain higher for longer. Developed market equities valuations are challenged as earnings

Market Overview Market rallied quite strongly last week as US inflation numbers came out lower than anticipated last month (7.7% vs anticipated forecast of 8%). Markets are now anticipating a

Market Overview The US equity markets have faced another challenging week as markets reacted to the Federal Reserve meeting where a hike of 75 bps in interest rate brought the

Market Overview US equity markets ended a strong week on Friday, following a whole week of earnings releases. Earnings week continues in the week ahead with 165 companies (45% of

Market Overview The US equity market saw a bumpy week that ended with the S&P 500 and NASDAQ ending in losses as Thursday’s rally was wiped out on Friday. Inflation

Market Overview Equity markets gained from a two-day rally on Monday/Tuesday as a result of the developing sentiment in the market questioning the Fed’s ability to raise rates with a

Market Overview Geopolitical tensions, central bank actions and a global market slowly recovering from its post-pandemic slowdown has made the past year a challenging environment for investors. Market volatility is

Market Overview Equity markets ended in the red last week as FOMC hiked interest rates by 75-bps at the end of their two-day meeting. The increase has moved the Fed’s

Market Overview Global equity markets fell last week, registering the largest weekly drop in US equity indices since June. The catalyst for the drop was the release of higher-than-expected inflation

Market Overview Global equity markets rose marginally last week on the dollar weakening. However this proved a temporary relief. Across the board, corporate earnings estimates have been revised downwards, reflecting

Market Overview The rebound in equity markets over the summer following the US Fed’s policy meeting in July is unlikely to be the start of market recovery as inflation numbers

Market Overview Equity markets were up last week as risk assets jumped from their June lows and equity markets staged a mid-summer rally. US inflation numbers offered a positive surprise

Market Overview Citing Russia’s invasion of Ukraine, the Bank of England (BoE) raised its policy rate by 50-bps to 1.75% last week. BoE also forecasted a recession for the next

Market Overview Equity markets have largely reacted positively following the FOMC meeting last week. Long-term inflation concerns have subsided with inflation expectations falling to 2.8% p.a. in July vs. 3.1%

Market Overview The week ahead will be a busy one kicking off with the US Federal Reserve conclusion of its two-day meeting on Wednesday. The markets are pricing in a

Market Overview The Labour Statistics Bureau released its US CPI report, which stated that annual inflation went up by 9.1% in June, representing the highest level since November 1981. This

Market Overview Recession fears dominated headlines last week with renewed fears of a lockdown in China. The Euro almost achieved dollar parity on weaker economic data from Germany and the