Market Overview – 15/09/2020
The US stock market was still under pressure last week as the sell-off in technology stocks continued. The US Nasdaq slid by a further 4%, resulting in a fall since the start of September of 10%. By contrast, the UK …
Market Overview – 08/09/2020
After an extraordinarily strong August and first few days of September, global share prices experienced a sharp sell-off on Thursday and Friday. This was particularly noticeable in the technology space, with the US Nasdaq Index falling by 6% over the …
Market Overview – 03/09/2020
Global stock markets had another positive month in August with the FTSE World Index closing above its opening level for 2020. US equities were particularly strong. The broad index rose by 7% for the month, the best August since 1986. …
Market Overview – 25/08/2020
An unexpectedly sharp rise in US business activity surveys and further evidence of better housing activity helped the broad US market to a record closing high on Friday. Bets that certain ‘growth’ technology companies will emerge stronger post-COVID has propelled …
Market Overview – 18/08/2020
Equity markets rose last week, continuing the strong rally seen since the sharp falls of late February and March. Global indices are within a few percentage points of highs reached in mid- February, with the US a whisker away from …
Market Overview – 13/08/2020
Stock markets enjoyed another strong week, despite the US failing to agree a rollover of the aid package for millions currently out of work. It was also notable as a week when the US Nasdaq Index closed above 11,000 for …
Market Overview – 03/08/2020
The end of July provided a useful time to look back on market performance. Stock markets were mostly up over the month, with US shares putting in another reasonable month and European shares largely flat. Chinese shares were the standout …
UK Finance reveals ten Covid-19 Scams the public should be on high alert for
Action Fraud has issued an article setting out Scams related to Covid-19 that the public should be alert for at the current time. The scams are as follows: Covid-19 financial support scams: Health scams Lockdown scams The campaign wants people …
Market overview 21/07/2020
Equity markets enjoyed further rises last week despite more disappointing news on the spread of the pandemic. New Covid-19 cases topped 260,000 on Friday, the highest twenty-four hour figure so far. The US, Brazil, India and South Africa commanded the …
Market overview 15/07/2020
Equity markets experienced some volatility last week as news-flow on Covid-19 took a turn for the worse in the US. Florida in particular saw a sharp increase in infections, with 15,299 cases recorded on Sunday, the highest single day total …