Markets last week Volatility was never far from the surface last week, with equities, bonds, currencies and commodities all experiencing high levels of daily and even intra-day change. The fundamental moves were triggered by inflation and economic surveys. Chinese economic growth fell during Q2 with the 12-month GDP barely above 0%, but the details for…
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Markets last week A better week for risk assets, although direction was uncertain and conviction over the slight uptick in equities low. As concerns have become focused more on the potential for recession (or indeed, whether we are already in one), fears over the ability of central banks to raise interest rates as aggressively as…
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Markets last week The improvement in risk markets during the previous week could not be sustained due to concerns about a possible US recession and unrepentant statements from central bankers meeting at an offsite in Portugal last week. US Federal Reserve (Fed) Chair Jerome Powell said that the “Fed will not let the economy slip…
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