Category Archives: Market Update

Quarterly Market Overview

market overview

The start of 2016 began in sobering fashion, with a broad sell off in risk assets accompanied by very pessimistic market assessments from various commentators. Heavy January declines were driven by falling oil prices, China’s worsening economic situation and its effect on global industrial commodity markets, and concerns over the backdrop of rising US interest … Continue reading Quarterly Market Overview

UK Budget 2016 review

Pie chart on a stock chart with a budget

Wednesday’s budget statement was somewhat of a bitter-sweet affair. Chancellor George Osborne started his speech by announcing downward revisions to the UK’s economic growth forecasts. The Office for Budgetary Responsibility now forecast the economy to grow by 2.0% in 2016, significantly less than the 2.4% projected in November. Growth expectations were also revised down for … Continue reading UK Budget 2016 review