Global markets The all-important Fed meeting came and went last week with global markets largely taking the more hawkish than expected tilt in their stride. Global equities retreated modestly, but bond yields actually fell over the week – with the latter perhaps still more concerned with …

Global markets The theme of the past week is ‘old news’, in the sense that global equities managed to lift in the face of rising Omicron cases and the highest U.S. inflation numbers since 1982. But as the saying goes, markets are forward-looking: equities saw fit …

Global Markets Global equities suffered another set back last week, due to both lingering Omicron fears and a new risk factor on the horizon – a more hawkish U.S. Federal Reserve. Without doubt, last’s week’s comments by Fed chair Powell were ground shifting: he openly talked about …