The IMF’s title of the April 2022 World Economic Outlook, leaving us in no doubt the invasion of Ukraine contributes to the downward revision of global growth. The facts of the war have not changed: Russian forces are still invading and Ukraine is still resisting, fuelling our lack of surprise on the growth picture, as well
Category: Market commentaries
Market Commentary – June 2021
UK inflation exceeds 2% target – a sign of recovery? The strength of the economic recovery as the UK emerges from lockdown has seen inflation rise to 2.1%, the highest it’s been in two years, and hitting and exceeding the target of 2% set by the Bank of England (BoE). However, the BoE has suggested
Market commentary – September 2020
This month Coronavirus looks to be starting the winter resurgence officials had feared; with the UK daily infection rates climbing rapidly into the thousands.
Market commentary – August 2020
It has taken just six months for the market to recover all those losses with a large portion of the gains coming from the US tech giants dominating the index.
Market commentary – July 2020
This month markets have shown political unrest is no match for central bank stimulus. We have seen a large increase in the European Central Bank’s (ECB) bond purchase programme as it added €600bn to take the total to €1.3trn while in the UK government debt to GDP breached 100 per cent for the first time in nearly 60 years.
Market Commentary – June 2020
Read our market commentary for June 2020: