This week has been dominated by central banks, as the US Federal Reserve announced a 0.5% rate hike followed by the Bank of England confirming a 0.25% raise. Both announcements, though widely expected, sent markets into a frenzy – US equities rallied 3% on the merest...
This week there was no gentle easing back into the swing of things for markets which kicked the new year off with big falls in both equities and bonds. This followed the release of the minutes of the last US Federal Reserve rate setting meeting which showed the bank...
This week the post-lockdown surge continued, with the hard-hit service sector reporting growth not seen since the late 90’s. These reports always need to be taken in context, given that it’s been illegal to use many services for much of the past year, a surge in...
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