Cappuccino Commentary
February was generally a good month for equities with both Developed and Emerging markets posting gains while the UK was roughly flat over the period.
February was generally a good month for equities with both Developed and Emerging markets posting gains while the UK was roughly flat over the period.
The Bank of Japan raised interest rates for the first time since 2007 as the country moves away from years of deflation.
US inflation unexpectedly rose to 3.2 per cent in February with the Federal reserve facing a small pushback on its fight against inflation.
UK Chancellor, Jeremy Hunt, announced on Wednesday that the government will be launching a new “British ISA” which will give savers and additions £5,000 in tax-free allowance when they are investing in UK company shares.
US inflation pulled down to 2.4 per cent in the 12 months to January which maintained the expectations of rate cuts later in the year.
The Nikkei 225 index, Japan’s main stock market index, reached a new all time high as it surpassed its value seen at the end of the 1980s.
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