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Economic update

28 June, 2010
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In this week’s bulletin: The reaction to the Coalition’s Emergency Budget was that, it was not as bad as previously feared – the Chancellor George Osborne is looking to public spending cuts to bear the burden rather than higher taxation All eyes were on the bond market following the Budget and John Hamilton, gilt...

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24 June, 2010
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In this week’s bulletin: Global equity markets staged a recovery for the second week as fears over the eurozone took a back seat despite inter-bank liquidity problems for countries like Spain. Poor economic data from the US was offset by better data from the eurozone where the region’s growth is at its fastest for...

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14 June, 2010
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In this week’s bulletin: Positive news from China and India gave markets a boost last week and helped dissipate some of the recent volatility BP came in for an onslaught of criticism from President Obama causing the company’s share price to fall to a 14-year low before rallying late in the week US Federal...

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7 June, 2010
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This week: European focus turns to Spain and Hungary What future for the euro? BP’s dividend comes under the spotlight Trouble for the man from the Pru Positive news flow and stronger company fundamentals remain the themes for long-term investors Pain in SpainIt was another tough week for global financial markets, which were rattled...

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24 May, 2010
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This week: Sovereign debt crisis sparks sell-off Unilateral German action to ban short-selling shocks investors Senate backs US banking reform bill – Wall Street “joyride” coming to an end Equity/gilt yields provide strongest buy signal from UK market since 2003 Latest inflation figures confirm biggest cost of living increase since 1991 Speculation over capital...

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20 May, 2010
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This week: Last week proved to be momentous on several counts, starting with a massive €750bn financial rescue package for the eurozone by the EU & IMF The deal was deemed sufficient to restore confidence to the bond markets, provide sufficient liquidity for the banking system and avoid contagion On the back of this...

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10 May, 2010
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In this week’s blog: A brief overview on the Sovereign Debt crisis and the issues behind volatile market conditions in the last week An insight into the EU/IMF rescue package announced this morning An overview of the election results and the progress made in the last few days Market reactions and opportunities Dizziness through...

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26 April, 2010
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In this week’s blog: Greece’s economic woes moved once more centre stage but this time with an air of finality – its Premier, George Papandreou, was forced to ask for emergency EU and IMF aid to stave off collapse. Although reassured, global financial markets were underwhelmed with investors keeping a wary eye for other...

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20 April, 2010
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In this week’s bulletin: Increasing economic evidence that the US economy is at last set to take-off engendered a positive tone for markets last week. Also helping sentiment were comments from US Fed chairman Ben Bernanke who saw the chances of a double-dip recession fading. Here in the UK the economic outlook is less...

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13 April, 2010
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In this week’s blog: Greece’s economic woes returned to upset the markets last week but, after a short period of panic, order was temporarily restored by the EU easing lending rules. Stock markets generally enjoyed another positive week – encouraged by both the BoE and US Federal Reserve decisions to hold interest rates. Economic...

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