Global markets – week in review US stocks edged back last week despite a reassuringly benign US inflation report. Buyer exhaustion and concern over the impending French elections likely held back stocks. Overall global stocks edged higher, helped by solid gains in Japan. The major global highlight …

Global markets – week in review Global stocks inched further ahead last week as soft US retail spending supported hopes for eventual US rate cuts. There was limited key global data last week, with the highlight being US retail spending which surprised on the soft side. Headline spending rose …

Global markets – week in review Global stocks continued to rally last week – leaving April’s mini-pullback well behind – on the back of a lower-than-expected US CPI and the prospect of eventual US rate cuts. As alluded to above, the two key global highlights last week …

Global markets – week in review Global stocks bounced back last week after a 2-week mini-consolidation – reflecting rates cuts in Europe and Canada along with some softer-than-expected US data that raised hopes the Fed would also cut rates later this year. Overnight, the S&P 500 …

Global markets – week in review lobal stocks eased back for the 2nd week in a row, with a series of poorly received US bond auctions helping to push up bond yields and push down equity values. Probably the main highlight last week was several US bond …

kers who reiterated the view that – while rate further rate hikes seem unlikely – rate cuts are also unlikely anytime soon. There was little joy in New Zealand last week either, with the RBNZ Monetary Policy Statement upgrading its inflation and interest rate outlook, while downgrading its growth …

Global markets – week in review The global equity market rebound continued into its fourth week thanks to a US CPI inflation report which – for the first time in several months – failed to surprise on the upside. Softer retail spending and a patient Fed …

Global markets – week in review The global equity market rebound continued into its third week as softer-than-expected US labour market data encouraged markets into believing the Fed could still cut rates a couple of times later this year. Following on from the previous Friday’s soft payrolls …

Global markets – week in review The global equity market rebound continued into its second week following a less hawkish-than-feared Fed meeting and a soft US payrolls report. Markets were relieved Fed chair Powell played down the risks of another rate hike, even while conceding there’s less …

Global markets – week in review The global equity market correction continued last week, with a solid US retail sales report and a hawkish tilt by Fed chair Powell further unsettling bond and equity markets. One market reprieve was signs that Iran is seeking to avoid …