Weekly Market Update 30 Sept
infoandtech2024-10-04T15:34:04+01:00Stimulus measures announced in China boosted sentiment across global stock markets >
Stimulus measures announced in China boosted sentiment across global stock markets >
Global markets were broadly up last week as the US Federal Reserve cut interest rates for the first time in over four years in what many believe will be the beginning of a prolonged interest rate cutting cycle >
US stocks rebounded after the prior week’s sell off, while the European Central Bank cut interest rates. The Chinese economy continues to remain depressed as weak inflation data spurred calls for Beijing to step in to protect the country’s long-term growth prospects >
Investors and central banks have moved from a focus on inflation to a watchful eye on labour markets, and data this week showed a disappointing outlook leading to major stock markets falling during the week >
Global markets were broadly up last week as reassuring inflation data in the US, UK and Europe boosted investor sentiment >
Global markets were up across the board last week as positive US economic data suggested that the world’s largest economy might steer clear of a potential recession >
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Global markets were rocked by extreme volatility last week, posting record declines in some markets. Stocks generally recovered by the end of the week but the outlook for markets still remains volatile >
Global markets declined across the board last week as investors were left roiled by weak economic data coming out of the US, sparking concerns about economic growth >
Global market returns were mixed over the week as inflation data continued to dominate market sentiment >