Global markets Last week again highlighted the forward-looking nature of markets, with global equities pushing higher on further positive vaccine news, despite a softening in economic data and ever-rising COVID cases in the United States. Trump also edged closer to conceding defeat, allowing his bureaucrats to …

Global markets Weighed down by rising COVID cases, U.S. stocks pulled back last week – which is likely a consolidation after two solid weekly gains on the back of the U.S. Presidential election and positive vaccine news. While Trump continues to mount legal challenges, the country …

Global markets Global post-U.S. election optimism continued last week, buoyed by hopeful signs with regard to a COVID vaccine. The S&P 500 rose 2.2% after a solid 7.3% gain in the previous week to reach a new record high. While Pfizer’s vaccine results suggested an impressive 90% …

Global markets After threatening to break support at the late September low in the previous week, the S&P 500 rebounded last week to end near resistance at the mid-October high. The U.S. stock surge came despite what appeared lingering uncertainty over the U.S. Presidential election outcome. …

Global markets A litany of negative factors conspired to push equities lower last week, with the U.S. S&P 500 down a chunky 5.6%. Rising COVID cases in Europe and the United States, new lockdowns in Europe, confirmation of no pre-election U.S. stimulus deal, Presidential election jitters …

Global markets Global equities pulled back last week, interrupting the rebound we’ve been enjoying so far this month after the September correction. The theme of the past week is ‘unresolved’. U.S. fiscal stimulus talks are ongoing and as yet unresolved. Ditto the UK-EU post-Brexit trade deal …

Global markets Global equities were largely flat last week, reflecting disappointment on U.S. fiscal stimulus talks and concern over new social distancing restrictions in Europe as COVID-19 cases mount. The $US firmed and gold weakened, while bond yields eased back. U.S. economic data was mixed, with ongoing …

Global markets Global equities enjoyed their second successive positive week, suggesting the ‘correction we had to have’ may well be over. The main market driver last week was the on again/off again/on again U.S. fiscal stimulus talks. After earlier hopes of a deal were quashed by …

Global markets Global equities enjoyed their first positive week in a month, largely on the back of U.S. fiscal stimulus hopes – and despite polls suggesting Biden is now even more likely to win the Presidential election following a steady performance in last week’s debate. Of …

Global markets It was a week of consolidation for global equities as some investors could not resist finally buying into the first decent pullback in stocks for some months. The S&P 500 edged down another 0.6% for the week – marking the fourth weekly loss in …