News

Global equities have weak start to third quarter

Wall Street saw a muted start to the new quarter, in a holiday-shortened trading week, with economic data and Federal Reserve rate expectations the main focal points.

Market Commentary – June 2023 & Q2 2023

Reflecting on our outlook at the beginning of the year, several trends have unfolded as expected.

Can you afford an early retirement?

In the UK, the state pension age will rise to 67 between 2026-2028, and 68 between 2044-2046*.

Nasdaq sees best first half in forty years

US stocks ended the week, and indeed the first half of the year, on a strong note.

Major equity indices see worst week since March

In contrast to the rally seen the previous week, stocks posted steep losses on recession fears and concerns around interest rates staying higher for longer.

Commodities explained

Commodities are raw materials that are widely used to manufacture goods. They are usually put into three categories: energy (e.g. oil and petroleum and gas) metals (e.g. iron ore, copper, aluminium, gold) and agricultural (e.g. coffee, cocoa, wheat, soybeans, cattle).