10 December 2024
Land of the rising bond yields – Download Chart of the week
The Market Place – Download Market Data
- The US financial markets recently showcased strength with rising tech-driven indices, resilient labour data, and mixed economic signals influencing trends.
- Concerns over holiday spending trends continued, with muted forecasts for consumer spending growth in the run-up to Christmas. The pound fell against the dollar.
- Eurozone financial markets saw mixed performance recently. Inflation eased, but high borrowing costs continued to suppress growth.
- China’s economy faced ongoing challenges, including slow property sector recovery, while India remained the fastest-growing global economy with stable projections of 7% annual growth.