Weekly Financial Update – 24.09.2020

Weekly Financial Update – 24.09.2020

It’s been a bumpy ride for stock markets this week, in particular for the UK and the rest of Europe as stocks had their most significant falls for a number of weeks now.     Two big issues impacted stocks this week. Firstly, we saw the banks in trouble again...
Weekly Financial Update – 17.09.2020

Weekly Financial Update – 17.09.2020

It’s been a pretty quiet week for stock markets as all of the world’s major markets ended up with a positive return.     In the UK, we found out that unemployment rose to 4.1% during the May-July quarter. Up from 3.9% from the previous quarter. Whilst...
Weekly Financial Update – 10.09.2020

Weekly Financial Update – 10.09.2020

The main world stock markets have had a mixed week with the US market dominating the headlines.       For some time now the US stock market has been leading the way in terms of increases since the Covid crash. This rise has been mainly driven by the...
Weekly Financial Update – 03.09.2020

Weekly Financial Update – 03.09.2020

A slightly negative week for the majority of world stock markets but the US continues to outperform.       As discussed during last week’s update, Jerome Powell, the US Federal Reserve Chairman did in fact announce a change to the central bank’s...
Weekly Financial Update – 27.08.2020

Weekly Financial Update – 27.08.2020

It has generally been a good week for world stock markets as tech companies continued to report strong subscriber and earnings growth.     There was also renewed optimism that a virus and probably more likely improved treatments for Covid-19 are on the...
Weekly Financial Update – 13.08.2020

Weekly Financial Update – 13.08.2020

So this week we had the news that will come as no surprise to everyone. The UK is officially now in recession (more on that in a moment). But how did the UK and other world stock markets re-act to a week of dire data? Most of them had a very positive week!  ...