Market Updates
22 February 2010
World stock markets climbed for a second week as concerns over monetary tightening and the state of many countries’ finances receded. The MSCI World index advanced 2.5 per cent. The revival in equity markets’ fortunes lured capital out of government debt, where the yield on 10-year US Treasuries rose.
15 February 2010
World stock markets advanced for the first week in five as some investors took the view that the sharp falls seen over the last two months meant there were bargains to be had. Over the week, the MSCI World rose 1 per cent.
8 February 2010
World share prices sank for a fourth straight week, with rising anxiety over the parlous state of government finances sending stocks to their lowest level in four months. The MSCI World tumbled 2.2 per cent over the week as fears of government debt defaults in Greece, Portugal and Spain prompted a fresh bout of risk aversion.
1 February 2010
Global stocks fell for a third straight week, sinking to their lowest level since the start of last November as worries over the global economy and the deteriorating fiscal position of various countries prompted ongoing risk aversion.
25 January 2010
Global stocks suffered their sharpest fall in almost three months as President Barack Obama’s proposal for a widespread crackdown on US banking prompted investors to flee riskier asset classes such as shares and commodities in favour of government debt.
If you require earlier market updates, please e-mail Daniel Carver