Global markets The key development over the past week was the weaker-than-expected US CPI result, which has reduced the risk of further aggressive Fed action that ultimately pushes the economy into recession. According to Fed comments, it still seems likely the Fed will hike at next …

Global markets The key development over the past week was ongoing solid US economic reports, which along with hawkish Fed minutes saw bond yields move notably higher. US 10-year bond yields rose by 0.22% to 4.07% – a new high for the year though still a …

Global Markets Solid economic data and a reasonably benign inflation report provided further reassuring signs to Wall Street last week that the US economy remained on a “soft landing” track. Even Powell’s ongoing threat of two additional rate hikes is being taken in its stride – …

Global markets It was another encouraging week in global markets, with investors taking the ‘hawkish pause’ by the US Fed well in their stride. …

Global markets Global equities continued to grind ever higher last week, with some improvement in breadth as US small-cap stocks posted better performance than large-cap stocks. …

Global markets Passage of the US debt deal through both the Senate and House in Washington helped support equity markets last week, as did a ‘Goldilocks’ US payrolls report on Friday. …

Global markets were fixated on US debt ceiling negotiations last week along with the meanderings of various Fed officials. The week ended with a report suggesting US core inflation pressures remain uncomfortably high. US equities and bond yields ended the week modestly higher – with …

Concerns over US debt ceiling negotiations were the primary factor affecting global markets over the past week, with hopes that a deal is close generally helping to support stock prices. The S&P rose 1.6%, tentatively breaking above recent highs of 4,170 in late April and …

Global markets Global equities pulled back a little further last week with the S&P 500 inching back 0.3% after a 0.8% fall the previous week. The S&P appears to be struggling to break through the previous early February high of 4,119 after having reached a recent …

Global week in review Global equities pulled back a little last week under the weight of ongoing US banking concerns and the failure of the Fed to validate market rate cut expectations. The US S&P 500 is still trying to break above recent range highs, while …