Weekly Financial Update – 30.07.2020

Weekly Financial Update – 30.07.2020

All of the major world stock markets had negative returns over the last week as fears of a second wave of coronavirus cases worried investors.   Whilst many countries in Europe have got control of the virus, total worldwide cases are still rising and even...
Weekly Financial Update – 23.07.2020

Weekly Financial Update – 23.07.2020

It’s been a mixed bag for the markets over the last week with the US and Europe achieving slightly positive returns and the UK and Japan slightly down. The biggest riser was the emerging markets. The Chinese economy grew 3.2% last quarter which was more than expected....
Weekly Financial Update – 16.07.2020

Weekly Financial Update – 16.07.2020

The main developed world markets such as the UK, US and Europe have had a very good week, all returning 2% plus. ​ Earlier in the week Europe’s largest tech company SAP (which many of you probably use in your businesses) announced increased revenue and profit compared...
Weekly Financial Update – 09.07.2020

Weekly Financial Update – 09.07.2020

There hasn’t been much movement in the main stock markets this week with the UK down the most at just under 1.5%. The biggest gain was in the emerging markets sector driven by China. A state sanctioned story appeared this week on the front page of one of China’s main...
Weekly Financial Update – 02.07.2020

Weekly Financial Update – 02.07.2020

Just as retail shops were starting to open in England we found out that Intu, owner of a number of large shopping centres, went into administration. This means an uncertain future for those shops that operate in these centres. We also feel for those of you in...
Weekly Financial Update – 25.06.2020

Weekly Financial Update – 25.06.2020

At the end of last week we found out that the UK national debt now totals more than 100% of our GDP (our entire economy). This is the first time this has happened in over 60 years. Of course it was to be expected with the huge amount of spending the government is...