26 November 2024
Glittering prize – Download Chart of the week
The Market Place – Download Market Data
- US markets declined as Fed Chair Powell signaled limited rate cuts, vaccine stocks tumbled, and Trump’s appointments sparked mixed reactions.
- UK markets showed cautious optimism as inflation eased. Retail sales improved, boosted by pre-holiday spending, but stagflation concerns kept BoE vigilant.
- Eurozone markets faced pressure from slowing manufacturing, tariff threats on Germany, ECB’s stimulus considerations, and weak industrial output.
- Asian markets showed mixed results as Japan’s GDP outpaced forecasts, China’s trade tensions resurfaced, and property market concerns lingered.