Gold surged to new record highs this week, driven by a weakened US dollar.
Continue readingWeek in Review: Weak U.S. Economic Data Weighs on Sentiment
The S&P 500 Index experienced its steepest weekly decline in 18 months, driven by growing concerns over an economic slowdown.
Continue readingWeek in Review: Markets Stage a Strong August Recovery
Markets rebounded strongly in August, recovering from an early-month dip of nearly ten percent, supported by resilient economic data, positive earnings…
Continue readingWeek in Review: Fed Signals Time for Rate Cuts
Federal Reserve Chair Jerome Powell signalled that the Fed is gearing up for a series of interest rate cuts during his annual address at Jackson Hole, Wyoming, stating, ‘The time has come for policy to adjust’.
Continue readingWeek in Review: A Volatile Week for Markets
Global financial markets experienced renewed volatility this week, driven by concerns over a potential U.S. recession, which many consider premature.
Continue readingWeek in Review: Divergence in Central Bank Policy
Global equity markets fell last week amid growing concerns about a slowing US economy.
Continue readingWeek in Review: Bullish US inflation data lifts investor sentiment
Data released Friday morning showed the Personal Consumption Expenditures price index, the US Federal Reserve’s preferred measure of underlying US inflation, slowing to 2.5% from a year ago in June, matching estimates from economists polled by Dow Jones.
Continue readingWeek in Review: Investors Hopeful as Inflation Expectations Dial Back
In June, US consumer prices fell for the first time in four years due to lower gasoline prices and moderating rents, signalling disinflationary pressures.
Continue readingWeek in Review: UK’s Labour wins big
Sir Keir Starmer’s Labour Party won a resounding victory in the UK’s general election, ending 14-years of turbulent Conservative rule.
Continue readingWeek in Review: GNU – The Wildebeest of SA Politics
The wildebeest, also known as the gnu (pronounced “NOO”), is often referred to in the South African wildlife community as a “spare parts animal”.
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