Global Market Overview
Any hopes of a so-called Santa rally were short-lived in December with all major markets posting losses for the month. Despite November’s brief respite, the fourth quarter turned out to be the worst in the last seven years. Investors have lost confidence against a backdrop of rising US central bank interest rates, a sharp slowdown in Eurozone business confidence, weaker...
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RiverPeak Wealth Monthly Update for January 2018
Global Market Overview
Global markets ended a strong year with a traditional “Santa” rally in the UK which saw the two main UK indices achieve record highs for the second year in a row. The FTSE 100 rose 5.03% in December whilst the FTSE 250 (ex Investment Trusts) returned 4.39%. Over the year, the leading 100 companies, which, in aggregate, derive over 70% of their revenues from overseas, had ...
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