News

Global equities mostly higher despite geopolitical tensions

US stocks had a mixed week, weighing up prospects for interest rates as well as cautious sentiment around the conflict in the Middle East.

Global Market Review – September 2023

Following a strong first half of the year, global equities presented more of a mixed picture in Q3. Dollar strength vs pound sterling buoyed US equity and global equity index returns for UK investors. Global equities concluded the quarter with a modest gain of 0.6% in pound sterling (detracting 3.4% in dollar returns).

S&P 500 snaps four-week losing streak

Wall Street saw mixed performance for the week, although did manage to close out the week on a high note.

US stocks log first quarterly loss of the year

US stocks continued to be under pressure by the prospect of interest rates remaining higher for longer, as well as contending with higher oil prices and a possibility of a US government shutdown.

Roundtable discussion with the Bank of England

This week, EFG Harris Allday joined Greater Birmingham Chambers of Commerce in hosting the Bank of England Roundtable discussion.

Global equities decline as most central banks go on hold

It was a central bank heavy week, with concerns that interest rates would be left higher for longer pressuring stocks.