Walker Crips' Market Commentary
Equity markets experience another positive week
Equity markets broadly experienced another positive week with the FTSE 100 rising 1.7% over the period, to reach a near all-time high. Investors eagerly awaited the results from the latest US inflation figures which revealed a fall to 6.5% from 7.1% the previous month, in line with expectations. This was the sixth consecutive fall in CPI inflation driven largely by declining oil prices. This helped strengthen the trend that falling prices would persist and reduced the pressure on central banks to tighten monetary policy through interest rate hikes. The announcement helped drive bond yields lower which had a positive impact on prices...
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