Global Markets Update Monday 10 December 2018
10 Dec 2018
Stocks were volatile, initially rising on hopes of a trade truce between the US and China before falling sharply on news of the arrest in Canada of the CFO of Chinese telecoms giant Huawei on allegations that she had violated US sanctions against Iran.
Global Markets Update Monday 3 December 2018
03 Dec 2018
The G20 summit got under way in Argentina, with attention focused on a meeting between President Donald Trump and President Xi Jinping where they will discuss the trade dispute between the US and China.
Global Markets Update Monday 26 November 2018
26 Nov 2018
The UK and EU reached a draft agreement on the terms of the Brexit deal. While the deal gained UK cabinet approval, the prime minister faced a growing backlash from both Leavers and Remainers, although the pro-Brexit ERG failed to garner sufficient support to challenge the prime minister.
Global Markets Update Monday 12 November 2018
12 Nov 2018
Global stockmarkets mostly trod water over the week as investors breathed a sigh of relief that the results of the US mid-term elections were broadly as expected.
Global Markets Update Monday 5th November 2018
05 Nov 2018
Having suffered their worst month since 2012 in October, global stocks started November on a brighter note, lifted by hopes of a thawing in US-Chinese trade tensions.
Global Markets Update Monday 29 October 2018
29 Oct 2018
Global stocks plunged amid concerns over trade tariffs, mounting geopolitical risks, global growth and potentially peaking corporate earnings. In contrast, safe havens such as US Treasuries, the Japanese yen and gold rallied.
Technology stocks once again led the sell-off amid fears the sector could be hurt the most by any downturn in global growth.
Global Markets Update Monday 22 October 2018
22 Oct 2018
Investors remained cautious, with heightened diplomatic tensions between the US and Saudi Arabia, as a result of the disappearance of journalist Jamal Khashoggi, adding to ongoing trade war worries, political risks in Italy, Brexit concerns, and more hawkish comments from the US Federal Reserve.
Global Markets Update Monday 15 October 2018
15 Oct 2018
Global stockmarkets made progress amid easing trade concerns despite the news that President Trump had requested aides to proceed with tariffs on a further $200bn of Chinese goods.
Global Markets Update Monday 08 October 2018
08 Oct 2018
Stronger US economic data led to a sharp sell-off in global bonds, causing stock markets to weaken.
Global M&A activity hit $3.3 trillion in the first nine months of 2018, surpassing the previous record set just before the financial crisis in 2008. During the final week of September, Michael Kors offered $2bn for Italian fashion house Versace, while Barrick Gold bought Rangold Resources in a $66bn deal.
Global Markets Update Tuesday 25 September 2018
25 Sep 2018
The classification of some of the favoured FAANG stocks was changed as of 21 September, with the telecoms sector of the S&P 500 being renamed and expanded to include all ‘communication services’ stocks.