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Market Update - 7th May 2020.
7th May 2020
This morning’s attention has all been on the BoE. Although the decision by the BoE policymakers to leave interest rates unchanged at 0.1% was fully expected, it was their economic forecasts that stole the show.
Market Update – 6th May 2020.
6th May 2020
The FTSE-100 is little changed this morning at 5,850 after US equities closed off yesterday’s highs in the final hour of trading.
Market Update - 5th May 2020.
5th May 2020
Equity markets opened lower yesterday after Donald Trump reignited tensions with China.
Market Update – 1st May 2020.
1st May 2020
After initially trading sideways yesterday morning (30 April 2020), the FTSE-100 rapidly started to lose altitude mid-morning as economic data and company results continued to paint a dark picture.
Market Update – 30th April 2020.
30th April 2020
Global equity markets brushed aside US Q1 GDP data and the Fed’s downbeat economic assessment and instead focused on a potential new drug which helped coronavirus patients recover faster.
Market Update – 29th April 2020.
29th April 2020
To regular readers this week’s commentary is starting to look like a broken record, as equity markets continue to look past the poor company earnings reports and economic data (as these just simply underscore what we already know - i.e. the global economy has hit a brick wall), and instead is focusing on the prospect of the major economies starting to reopen.