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In this week’s market brief, the top three market movers have been, US equities set consecutive record highs as US-China have shown signs of a trade agreement, the Bank of England kept rates unchanged at 0.75% but two MPC voters dissented for a rate cut which was a surprise and finally recession fears in Germany might have been avoided with the rebound in exports.
In this week’s market brief, the top three market movers have been, the Fed cuts rates for the third time this year, concerns have arisen for the on-going trade deal with US and China. Finally, the Brexit due date went by on the 31st of October but the saga continues with another extension.
In this week’s market brief, the top three market movers have been, mixed signals from earnings season so far. Mario Draghi oversaw his final meeting as the head of the European Central Bank and Boris Johnson has called for a snap election on the 12th of December.
In this week’s market brief, the top three market movers have been, Trump promises a phase 1 deal with China and Boris Johnson’s Brexit deal has been passed by the EU and Earning season begins an optimistic tone with banking stocks meeting expectations.