News

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.

S&P 500 sees best week since April

US stocks had a positive week, finding support from a de-escalation in geopolitical tensions, robust corporate profits and less chance of a September rate hike.

Wall Street boosted by tech earnings

US stocks fluctuated over the week, but ultimately ended higher, snapping a recent run of losses.

Government bond yields rise on renewed Middle East hostilities

It was another negative week for Wall Street, with escalating Middle East tensions and concerns around artificial intelligence investments overshadowing generally positive earnings.