Week in Review: Interest Rates Steady, while U.S. Growth Surprises

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 […]

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Week in Review: Expectations Shift on Interest Rate Cuts

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 […]

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Week in Review: Middle East Tensions Escalate

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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