Last Week – Key Takeaways Markets: Shares welcome Democrat’s victory in Senate Global shares rose as they focussed on the prospect of further support measures for the US economy rather than the events in Washington DC on Wednesday and the impact of lockdown on the US job market (see US section); The Democrat party won […]

Last Week – Key Takeaways Brexit: Competition and fishing remain sticking points The pound strengthened against the US dollar amid optimism that the UK and the EU would agree a free trade deal before the Brexit transition period ends on 31st December; EU chief negotiator Michel Barnier claimed on Thursday that talks were in their ‘final […]

Last Week – Key Takeaways UK: Brexit talks continue as deadline looms UK shares fell and the pound weakened against the US dollar as the UK and EU struggled to agree a free trade deal with the end of the Brexit transition just over two weeks away; Despite direct talks between the Prime Minister Boris […]

Last Week – Key Takeaways US: Shares hit record high US shares rallied after Republican and Democrat politicians joined forces to propose a new economic relief package worth just over $900 billion and plans for a slower resumption of production boosted oil prices (see ‘Commodities’ section); However, the number of jobs created by the US […]

LAST WEEK – KEY TAKEAWAYS Markets: Vaccine developments and Biden victory boost shares Global shares seem set to experience one of their best months on record in November after making further gains amid optimism about a coronavirus vaccine and Joe Biden’s victory in the US presidential election; However, the UK’s economic outlook weighed on domestic […]