The Carrick Group is pleased to announce a significant development in our operations based in Mauritius – our gateway to African countries without a Carrick office on the ground.
Continue readingWeek in Review: Resurging Inflation Concerns Subside
This week, investors remained closely attuned to Wednesday’s U.S. inflation report for April, which revealed figures largely in line with or slightly below expectations.
Continue readingWeek in Review: UK Economy Bounces Back
In the US, initial filings for unemployment benefits have surged to their highest level since late August 2023, suggesting a potential shift in what has otherwise been a robust labour market.
Continue readingWeek in Review: Fed Rate Hike Fears Fade
Ahead of Wednesday’s press conference following the latest Federal Open Market Committee (FOMC) meeting, markets anticipated a hawkish response due to recent higher-than-expected inflation figures.
Continue readingWeek in Review: US Growth and Inflation
The Commerce Department’s advanced GDP print released on Thursday showed the U.S. economy grew 1.6% in the January-through-March period (Q1) of 2024…
Continue readingWeek in Review: Higher-for-Longer U.S. Interest Rates
Tensions in the Middle East and the possibility of U.S. interest rates remaining “higher for longer” weigh on sentiment.
Continue readingWeek in Review: Elevated U.S. CPI and Escalating Debt Levels in China
U.S. stock markets saw a decline for the week due to increased concerns about conflict in the Middle East and ongoing inflation worries, leading to higher long-term Treasury yields.
Continue readingWeek in Review: Strong Hiring and Manufacturing Growth in March
In March, U.S. employers surpassed expectations by hiring a significantly larger number of workers and increased wages.
Continue readingWeek in Review: Central banks take centre stage
All three major U.S. indices moved higher this week, with the S&P 500 gaining 2.3%.
Continue readingWeek in Review: Markets Await Central Bank Decisions
Financial markets got off to a quiet start this week, as investors awaited the release of the U.S. consumer inflation data on Tuesday.
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