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Global equity markets rebounded this week, after two weeks of losses, as incoming data around the omicron variant thus far appears less severe than originally expected, writes Ian Slattery.
The major indexes ended the week mixed as investors weighed strong economic and profits data against ongoing supply strains, a rise in COVID-19 numbers and inflation fears, writes Ian Slattery.
In the US, the latest Consumer Price Index reading saw the year-over-year rate move above 6%, the highest in 30 years. This move pushed rate hike expectations forward a little further, writes Ian Slattery.
Stocks enjoyed another solid week of gains as investors took both a Fed announcement and US jobs report in their stride, writes Ian Slattery.
October defied the history books as markets recovered strongly across the month and finished out on Friday at record highs, writes Ian Slattery.
The S&P 500 index concluded its turnaround last week by reaching a new record high seven weeks after the former high and a correction of more than 5% in between, writes Ian Slattery.
Stock markets rose over the course of last week as a slew of earnings and US economic data provided confidence to equity bulls, writes Ian Slattery.
Stocks fell for only the second month in 2021 as fears in relation to inflation and interest rates roiled equity and bond markets. A rally late on Friday reduced the losses but growth stocks underperformed, with energy the only sector to notch gains for the week, writes Ian Slattery.
Mixed week for equities with policymakers to the fore, writes Ian Slattery
Stocks suffered last week as the overall market fell in a week of choppy trading, writes Ian Slattery.