No deal Brexit averted
While everyone was pleased to see the end of 2020, the worst of the COVID-19 epidemic is clearly not yet over. Neighbouring European countries have closed their borders to U.K.[…]
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Vaccine news has a positive impact
This year has been characterised by two major sources of uncertainty: a global pandemic and a bitterly contested U.S. election. Earlier this month, the announcement by Pfizer, BioNTech and AstraZeneca[…]
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The downward trend continues
During the past month, global stock markets continued the downward trend set in September with the MSCI World Index and the S&P 500 down (in US$) by 3.1% and 2.8%[…]
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Uncertainty still exists
While the UK PMIs have continued to firm in recent months, the August manufacturing PMI reflected the strongest reading since early 2018 while the services PMI reading was the highest[…]
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Is the worst over?
In last month’s commentary we noted that besides the fact that global GDP had contracted in the second quarter as a result of COVID-19, the worst appeared to be over.[…]
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ESG is paramount
In spite of the fact that global GDP contracted in the second quarter as a result of COVID-19, the decline was as forecast and, in spite of a resurgence of[…]
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Not all Doom and Gloom!
In spite of the widespread support provided by the Government and the Bank of England, many businesses are struggling to survive. The UK shopping centre owner, Intu was a recent[…]
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Re-opening Of The Economy
During the past month the MSCI World Index and the S&P 500 were up by 4.63% and 4.53% respectively. The UK, European and Asian markets reacted in similar fashion. In[…]
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Further COVID-19 disruption
Data released in April provided an insight into how COVID-19 is impacting on the major economies around the world. In the UK and the Eurozone, manufacturing and services PMIs fell[…]
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Continued Effects of COVID-19
The COVID-19 coronavirus continued to hammer financial markets in March as the virus spread to the US and across the globe. The economic carnage produced by the abrupt shutdown of[…]
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