Blog

10th January 2022

Weekly Espresso

The infoshot to help kick-start your week

Last Week

  • The Federal Reserve officials said a strengthening economy and higher inflation could lead to earlier and faster interest-rate increases than previously expected. This has caused bond yields to rise around the world.
  • Apple’s stock-market value briefly rose above $3 trillion on Monday, breaking yet anther record and underscoring how the pandemic has turbocharged Big Tech’s decades-long rise.
  • The United States reported nearly 1 million new coronavirus infections, the highest daily tally of any country in the world and nearly double the previous U.S. peak set a week ago as the spread of the Omicron variant showed no signs of slowing.
  • World food prices jumped 28% in 2021 to their highest level in a decade and hopes for a return to more stable market conditions this year are slim, the U.N.’s food agency said. Higher food prices have contributed to a broader surge in inflation as economies recover from the coronavirus crisis.
  • Eurozone inflation hits 5%, marking another record high.
  • U.S. job data release states: nonfarm payrolls increase 199,000 in December, unemployment rate drops to 3.9% from 4.2%, average hourly earnings rise 0.6% and that there was a record of 6.4 million jobs created in 2021.

Market Pulse

Coming Up

  • Eurozone Unemployment rate released on January 10th, forecasted to be 15.9
  • US CPI (YOY) for December released on January 12th, forecasted to be 6.8%

Notice:

The performance of each asset class is represented by certain Exchange Traded Funds available to UK investors and expressed in GBP terms selected by Copia Capital Management to represent that asset class, as reported at previous Thursday 4:30pm UK close. Reference to a particular asset class does not represent a recommendation to seek exposure to that asset class. This information is included for comparison purposes for the period stated, but is not an indicator of potential maximum loss for other periods or in the future.Open document settingsOpen publish panel

Risk Barometer

+ 0.16

as at latest realignment 31/12/2021

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    Copia Capital Management is a trading name of Novia Financial Plc. Novia Financial Plc is a limited company registered in England & Wales. Register Number: 06467886. Registered office: Cambridge House, Henry St, Bath, Somerset BA1 1JS. Novia Financial Plc is authorised and regulated by the Financial Conduct Authority. Register Number: 481600.

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