2 December 2024
Inflation kills US administrations – Download Chart of the week
The Market Place – Download Market Data
- Despite the holiday-shortened week, investor sentiment remained strong, with gains across major indices driven by post-election optimism.
- UK financial markets were steady although rising inflation is still a concern along with currency weakness against the dollar.
- Eurozone financial markets faced mixed conditions reinforcing concerns about sluggish growth and weakening economic activity.
- Asian financial markets saw mixed performance. Commodity prices like oil and gold fluctuated due to geopolitical tensions and OPEC+ deliberations on production targets.