Category Archives: Market Update

Notable events over the last week

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Thursday saw the release of September’s FOMC meeting minutes which supported the committee’s decision to leave rates on hold for yet another month. All but one of the members voted against an increase and the minutes reiterated that ‘lift-off’ was dependant on future developments in the economy. Fed Vice-Chair Fischer highlighted the ‘considerable uncertainties’ around … Continue reading Notable events over the last week

The Global economic slowdown and ma...

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The Chinese economy Slowdown: The Chinese currency has devalued, which has led investors concerned about further devaluing of the currency, despite the People’s Bank of China’s assurance that there is no basis for sustained yuan depreciation. The manufacturing activity in China has also reduced at its fastest rate in more than 6 years. Economic indicators … Continue reading The Global economic slowdown and market volatility