Week in review By far, the key market highlight over the past week was the lower-than-expected October US Consumer Price Index (CPI) report. Core inflation (excluding food and energy) rose by only 0.3% over the month compared with market expectations of 0.5%. After a number of …

Week in review Global equities tried hard to continue to rally last week while the US Fed tried hard to prevent that from happening. The Fed hiked rates by 0.75% as widely expected, and hinted at a likely scaling back to a 0.5% (or even 0.25%) …

Week in review Better than feared Q3 US earnings results and ongoing hopes of a dovish Fed ‘pivot’ helped propel global equities higher again last week – despite signs of still-high US inflation and weakening economic growth. Hope on Wall Street still springs eternal. As evident …

Global Markets Global equities saw reason for optimism last week, helped by a UK U-turn and media reports the Fed will scale back the size of rate hikes in December. Of course, the Fed is still on track to hike by another monster 0.75% next week …

Week in review The obvious highlight of the past week in global markets was the higher than expected US CPI result, which has likely cemented the case for yet another 0.75% Fed rate hike at the early November policy meeting. The US market is now toying …

Week in review Last week can be divided into two halves. In the first half, weaker than expected US economic manufacturing data saw Wall Street bond and equity traders get excited about yet another potential ‘pivot’ by the Federal Reserve. Alas, the week ended with still …

Week in review It was another down week for global equities as the unrelenting hawkishness of Fed speakers continued to weigh on sentiment. That said, bond yields have attempted to rally at various points over the past week on financial stability concerns – first with concerns …

Week in review Continued hawkish actions from the US Federal Reserve again weighed on global equity and bond markets last week, with an ill-judged very stimulatory UK budget also not helping fragile global sentiment on Friday. The result is that US stocks are almost back to …

Week in review Without doubt the highlight of the past week was the higher than expected US CPI result, with both headline and core inflation worse than market expectations. The big shock was core inflation (excluding food and energy) which rose 0.6% compared to a market …

Week in review After several weeks of losses, global stocks bounced back last week on little new fundamental news, likely reflecting end-of-month rebalancing and profit taking from short sellers. If there was one possible fundamental reason, it was a couple of Fed speakers (Brainard and Mester) acknowledging …