Omnis Weekly Update May 16th
Posted by Nigel on Monday 16th of May 2022
It was another volatile week in markets, with mixed results at the end. The focus remains on how central banks plan on taming inflation and the impact this could have as economic growth around the world continues to slow. In the US, whilst inflation has fallen, it has fallen by less than economists expected. In the UK, the economy shrank in the month of May.
US: Inflation moderates, but not as much as investors expected
Stocks recorded another week of losses, as investors appeared to grow increasingly sceptical that the US central bank, ...
Omnis Weekly Update May 9th
Posted by Nigel on Monday 9th of May 2022
In another volatile week in markets, the focus remains on how central banks plan on taming inflation and the impact this could have as economic growth around the world continues to slow. Last week, both the US and UK central banks raised its interest rates. China’s zero-tolerance to Covid shows signs of impact on the Chinese economy, and the associated supply chain disruptions are having repercussions globally.
US: Federal Reserve raises interest rates by 0.5%
Stocks endured a fifth consecutive week of losses as interest rate and inflati...
Omnis Weekly Update May 3rd
Posted by Nigel on Tuesday 3rd of May 2022
The geopolitical and macroeconomic concerns that have loomed large over sentiment in recent weeks remained in place. Japan ’ s central bank diverges from other central banks, with the Federal Reserve and Bank of England expected to raise interest rates this week. Corporate earnings impacted markets, with Amazon weighing on US markets, whereas European corporate results helped soften the losses amidst a challenging macroeconomic backdrop.
Commentary
US: S&P 500 falls to lowest close of 2022
Markets endured another week of losses, as grow...
Omnis Weekly Update April 25th
Posted by Nigel on Monday 25th of April 2022
It was a challenging week for markets across the world with many different factors affecting sentiment. Covid-related lockdowns in China has led investors to worry about the economic fallout China and supply chain consequences globally. In Europe, Macron’s victory provides some continuity in France and in the UK, the latest economic data reinforced a picture of stuttering economic growth.
Commentary
US: Business activity slows but remains strong
Companies in the communication services suffered the most, with Netflix down 35% over the we...
Omnis Weekly Update April 19th
Posted by Nigel on Monday 25th of April 2022
In a holiday-shortened week, markets were mixed across the world, with inflation concerns very much at the forefront in most markets. Inflation in the UK and the US has continued to rise with many expecting the Bank of England will raise interest rates again in May. Covid-related lockdowns in Shanghai, China has fuelled supply chain concerns further. Japan’s central bank continues to remain supportive of the economy and in Europe, the central bank says they have no timelines for raising interest rates.
Commentary
US: Mixed economic data ...
Spring Clean Your Finances
Posted by Nigel on Friday 22nd of April 2022
Spring Clean Your Finances
There’s plenty of advice and ‘life hacks’ on how to make spring-cleaning less of a chore. A quick Google search will throw up hundreds of random tips – like using cola to clean the toilet, lemon to clean the taps and vinegar to clean just about anything!
When you’ve finished scrubbing your worktops with baking soda and polishing your windows with newspapers, why not try spring-cleaning your finances? Here are some handy hints to get you started:
Throw away unnecessary spending habits
Look at your bank statement...
Omnis Weekly Update April 11th
Posted by Nigel on Monday 11th of April 2022
It continues to be a somewhat uncertain time for markets as fears over higher inflation and Russia’s invasion of Ukraine dominate, whilst at the same time much of the world continues to transition towards slowly learning to live with COVID-19.
Commentary
US: negative week for stock markets
Central bank policy and the conflict in Ukraine continued to loom large over sentiment. Stocks pulled back in the middle of the week, as members of the US Federal Reserve commented that the bank had to act rapidly to suppress inflation, whilst at the ...
Omnis Weekly Update April 4th
Posted by Nigel on Monday 4th of April 2022
Conflict in Ukraine continues to dominate the headlines. Financial markets remain exceptionally sensitive to any hints of diplomatic progress, with sentiment shifting by the hour. Meanwhile, investors must keep a weather eye on the interplay between economic growth, inflation and interest rates.
US
US stocks ended the week broadly flat, with energy stocks lagging after President Biden authorised a record release of oil from the country’s strategic reserves, helping force the price of a barrel of oil back below $100. However, the main poi...
What do the rising interest rates mean for me?
Posted by Nigel on Thursday 31st of March 2022
Omnis Weekly Update March 28th
Posted by Nigel on Monday 28th of March 2022
It was generally a positive week in markets across the world, but it is obvious that risks remain across particularly with the ongoing conflict in Ukraine, rising inflation and the prospect of central banks raising interest rates aggressively. Russia’s stock markets partially reopened in a shortened and volatile trading session on Thursday, as the country’s invasion of Ukraine reached the one-month mark.
US: Mixed economic data as investors worry about interest rates
Stocks had another positive week, led by technology stocks. A continued r...