Global markets Such is the potentially oversold nature of global equity markets in at least the short-term, stocks managed to surge last week on the day the U.S. Federal Reserve delivered the widely expected 0.5% interest rate increase – merely because Fed chair Powell seemingly ruled …

Global Markets Mixed earnings reports, hot U.S. wage and price inflation, and the prospect of an aggressive U.S. Fed rate hike conspired to send global equities lower again last week. Of course, we can add to this worrying mix, renewed concerns over China’s economy due its …

Global Markets It was a familiar story last week, with global equities again under pressure from the onslaught of hawkish rhetoric from central bankers. The highlight was no less than U.S. Fed Chair Powell hinting at a 50 basis point rate hike at next week’s Fed …

Global Markets It was all about the Fed again last week, as further hawkish commentary pushed U.S. bond yields higher and U.S. stocks lower. In what seemed a shock to many, longstanding policy dove Federal Reserve Governor, Lael Brainard, spoke of need to reduce the balance …

Global Markets It was all about the Fed again last week, as further hawkish commentary pushed U.S. bond yields higher and U.S. stocks lower. In what seemed a shock to many, longstanding policy dove Federal Reserve Governor, Lael Brainard, spoke of need to reduce the balance …

Global Markets Global equities consolidated last week after solid gains over the previous two weeks, with the most notable market movement being a sharp drop in oil prices as the U.S. announced the biggest ever withdrawal from its strategic reserves. Equities continue to hope for a …

Global markets There continues to be a strange divergence in global financial markets. Global bond yields surged further last week as strong U.S. economic data and hawkish Fed rhetoric saw bond markets almost fully price in a 0.5% rate hike at the May Fed meeting – …

Global markets What a week! Despite the ongoing Ukraine war and a more hawkish than expected Fed meeting, global equities saw fit to surge in what I can only attribute to a ‘sell the rumour, buy the fact’ mentality. In other words, investors had been fearful …

Global markets It was another poor week for global equities, with the U.S. S&P 500 down 2.9% and on the cusp of breaking to a new low in the correction to date. Confirmation that the U.S. and U.K. would ban Russian oil imports got the week …

Global markets The intensification of Russia’s invasion of Ukraine – along with Putin’s nuclear talk – saw world oil prices surge 26% last week to US$115 a barrel, which in turn saw global equities decline by 2.4%. Grain/food prices are also moving higher. All that said, …