Global equity markets experienced positive momentum during the week, buoyed by steady interest rate decisions and better-than-expected U.S. GDP growth. The Dow Jones Industrial Average and the S&P 500 Index both achieved new all-time highs, with the latter marking its 12th weekly advance out of the last 13 weeks. U.S. GDP growth for the fourth […]
Despite experiencing upward momentum last week, the markets in 2024 have been characterised as restrained and somewhat uneven. This subdued trend is not entirely unexpected, especially following a robust rally in the final weeks of 2023. During the holiday-shortened week, U.S. stocks concluded on a positive note. The broad-based S&P 500 recorded a gain of […]
Geopolitical tensions continued to escalate in the Middle East over the week with the US and the UK carrying out multiple airstrikes on more than a dozen Houthi rebel targets in Yemen. Since mid-November Iranian-backed Houthi militants have attacked and harassed several vessels in the Red Sea and the Gulf of Aden, significantly disrupting commercial […]
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