Last news release for 2022

Last news release for 2022

China’s Central Economic Work Conference took place last week and this is one of the most important events of the year in terms of giving the public an indication of future plans. Beijing promised to “forcefully revive market confidence” in contrast to last year’s “revive the confidence of market entities” – so a little more…

The main event for markets this week is a busy diary for central bank policy decisions with the Federal Reserve, the ECB and the Bank of England all expected to raise interest rates.  The ongoing rally in US equities ran into some headwinds on data pointing to continued high inflation and a still-tight job market,…

News update: 28 November 2022

News update: 28 November 2022

Today China developments are dominating headlines, with COVID frustrations boiling over as lockdowns triggered civil unrest in multiple cities including in Beijing and Shanghai – where police appeared to struggle to disperse crowds. The protests reflect the most direct challenge to party authority since Tiananmen Square in 1989 with protesters openly chanting for the CCP and President Xi to…

Market Update 7 November 2022

Market Update 7 November 2022

Here’s our weekly market update – follow Synergi to get regular market data and opinions. US markets closed the week on a high note with the S&P 500 up +1.4% and the NASDAQ up +1.3%. Materials was the best performing sector, followed by financials and communication services. The worst were healthcare, utilities and consumer discretionary,…