Following equity market weakness in January, February saw a strong recovery buoyed by expectations that US economic data will rebound in coming months as the effect of the extreme winter weather abates. Also the measured tones of new US Federal Reserve chair, Janet Yellen offered near term monetary policy clarity to markets. Yellen strongly reiterated the policy position of a …
Market Commentary – December 2013 and 2014 Outlook
Investment Markets were mixed in December with weakness in the US Dollar, Sterling and Yen versus the Euro eroding gains in share prices leaving the FTSE World Index up just 0.1%. It was, however, a very strong year for equities with international shares ending the year up 15% in Euro terms while the key US market ended the year in …