Last week, equity markets continued to be dominated by positive vaccine news which enabled another positive outcome for most markets. However, the ‘law of diminishing returns’ meant that positive news from Moderna and the FDA filing by Pfizer / BioNTech …
Even before the dust has settled on the US election (outcome still disputed by Donald Trump) another piece of news moved stock markets substantially last week. On Monday, Pfizer announced that the vaccine it was jointly developing with BioNTech had …
It is all over bar the shouting, although it looks like the shouting will carry on for some time yet, as outgoing President Donald Trump refuses to accept that Joe Biden won fair and square. So endeth the election of …
Last week saw equity markets deliver their poorest performance since March. A combination of US election nerves and further lockdowns across Europe due to a sharp rise in Covid-19 infection rates served to reduce risk appetite. Let us look at …
The US Presidential Election will continue to dominate markets this week against a background of rising pandemic related hospitalisations, especially in Europe where a second wave is in danger of overwhelming the healthcare infrastructure forcing politicians to impose more stringent …
An increasing number of Covid infections proved to be negative for European stock markets last week, with new restrictions on activity being applied in many countries. By contrast, the US managed a modest rise in share prices, with the focus still …
Last week was a strong one for equity markets, with the US rising by nearly 4%. There were good advances across most sectors and small company shares also performed well. Such a confluence of returns has been rare in this …
How much of a shock was it to learn that President Trump had coronavirus? Given his frequent disregard for social distancing (a factor no doubt behind UK premier Boris Johnson and Brazilian President Jair Bolsonaro also contracting the disease), perhaps …
Last Friday concluded a four-week losing streak for the broad US market as investors chose to stay on the side lines. Although we are not quite at the end of September, it looks as though the month will be negative …
Global equity markets were mostly flat to down last week as Covid-19 cases rose in Europe and the US central bank, the Federal Reserve, painted a fairly downbeat picture of the economic outlook. The UK has joined France and Spain …