International Communique No.275 – EQUITY BENCHMARKS TAKE A BREATHER
EQUITY BENCHMARKS TAKE A BREATHER The main stock market indices pulled back last week in the wake of new restrictions aimed at checking the spread of the Covid pandemic and [...]
International Communique No.274 – FISCAL STIMULUS, VACCINES AND HEADY MARKETS
FISCAL STIMULUS, VACCINES AND HEADY MARKETS Global stock exchanges set more records in the first week of 2021, led by emerging economies. Meanwhile, the virus is proving hard to handle [...]
International Communique No.273 – WHO REMEMBERS THE PIGS?
WHO REMEMBERS THE PIGS? Last week was a hazy time in equity markets, reflected by rising volatility. The VIX – the ‘fear gauge’ tracking the price of S&P 500-linked options [...]
International Communique No.272 – CHRISTMAS COMES EARLY
CHRISTMAS COMES EARLY The S&P 500 was up 1.6% last week, hoisting the US stockmarket to a record high on the back of vaccine progress and high hopes for new [...]
International Communique No.271 – VACCINES RAISE HOPE OF RETURN TO NORMAL
VACCINES RAISE HOPE OF RETURN TO NORMAL Main stock indices are set to finish November close to setting new records, boosted by hopes that Covid-19 vaccines will spell the end [...]
International Communique No.270 – CAUTIOUSLY OPTIMISTIC MOOD BLOWS THROUGH MARKETS
CAUTIOUSLY OPTIMISTIC MOOD BLOWS THROUGH MARKETS Last week more and more hard facts came to light about Covid-19 vaccines, concurrent with signs of an economic upturn. We advise keeping positions [...]
International Communique No.269 – NEWS OF IMMINENT VACCINE GIVES MARKETS A SHOT IN THE ARM
NEWS OF IMMINENT VACCINE GIVES MARKETS A SHOT IN THE ARM The positive news announced by US pharmaceutical giant Pfizer, in collaboration with Germany’s BioNtech, last week gave a glimmer [...]
International Communique No.268 – TRUMP’S ELECTION LOSS HAS NOT DERAILED EQUITIES
TRUMP'S ELECTION LOSS HAS NOT DERAILED EQUITIES Equity markets staged a V-shaped rally last week in the wake of their sharp correction in late October, encouraged as the US presidential [...]
International Communique No.267 – SCARED BUT NOT PANICKING
SCARED BUT NOT PANICKING Last week was extremely volatile for equity markets, with indices falling between 4% and 7%. Part of the reason was the surge in Covid-related hospitalisations and [...]
International Communique No.266 – BUSINESS SHUTDOWNS & SURGING VIRUS CASES RATTLE INVESTORS
BUSINESS SHUTDOWNS AND SURGING VIRUS CASES RATTLE INVESTORS Core equity markets staged corrections last week, pulled down by concerns about the continuing pandemic and the renewed restrictions on business introduced [...]