Global House View and Investment Perspectives – May 2023

Rising bond yields and oil prices weigh on sentiment

A key feature of the week was rising government bond yields, particularly in the US and Japan.

EFG International announces sale of Harris Allday

EFG International has signed an agreement for Canaccord Wealth to acquire the front office teams and client assets of the Harris Allday business.

Middle East tensions and cooling inflation drive choppy week for markets

Wall Street had a mixed week whereby midweek gains were offset with a cautious start and close driven by geopolitics.