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Market Update – 23rd July 2020.
23rd July 2020
After an initial positive start to the week, European equity markets gave up most of their weekly gains yesterday (Wednesday 22 July 2020) with the Stoxx 600 and FTSE 100 closing down around 1%.
Market Update – 22nd July 2020.
22nd July 2020
Yesterday morning (Tuesday 21 July 2020) the 27 members of the EU reached a historic agreement to support Europe’s economic recovery from coronavirus which lifted equity markets as they opened.
Market Update – 21st July 2020.
21st July 2020
The euro hit a four-month high against the dollar and the Stoxx 600 closed up 0.75% yesterday (Monday 20 July 2020) after talks between European leaders extended beyond the weekend and appeared close to an agreement on Europe’s financial response to the coronavirus pandemic.
Market Update – 17th July 2020.
17th July 2020
Following the bounce in markets that we saw on Wednesday, broader markets closed down yesterday (Thursday 16 July 2020)
Market Update - 16th July 2020.
16th July 2020
The positive sentiment in global equity markets continued to build yesterday after the Philadelphia Fed President, Patrick Harker, said the Fed’s 2% inflation target should be symmetric and therefore the US central bank should hold off on raising US interest rates until inflation is above its target
Market Update - 15th July 2020.
15th July 2020
This week’s equity market moves provide a perfect illustration of the tug-of-war that has dominated recently.