Good afternoon and welcome to the Week Ahead.
Thank you for all your comments on last week’s post, we appreciate the feedback and the interesting conversation about stocks and sectors. Keep them coming.
The week in review
It’s been a stronger week for global markets, especially in Japan where the Nikkei has closed up 1.5%, although fears about financial instability in South Korea caused the market to shrug off some of its early week gains. South Korea has been rocked by President Yoon Suk Yeol’s snap decision to impose martial law and then revoke it again only a few hours later.
France has also been rocked by political turbulence this week. Bond yields rose amid fears of the now ex-Prime Minister Michel Barnier’s proposed austerity measures. But a no-confidence vote on Thursday which toppled the government provided some support to the price of both bonds and stocks.
The FTSE and the Samp;P have also enjoyed a decent week and look set to close higher on Friday.
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