Skip to main content Skip to site footer

You are using an outdated browser. Please upgrade your browser to improve your experience.

Archinomics Weekly - Monday 6th September 2021

10 days ago

the
MARKETS

Equities

US stock markets hit all-time highs again last week, led by the tech-focused Nasdaq. European markets were also slightly higher. It was a stronger week for Asian and emerging markets, with China gaining 1.7% and Japan’s Nikkei 225 rising 5.4%.

Bonds

After disappointing US jobs data, US Treasury prices finished the week lower (and yields were higher). European government bonds followed suit. Investment grade corporate bond prices were also lower in both regions, but high yield bond prices rose.

Currencies

The US dollar was weaker across the board last week. Sterling was flat against the euro but rose against the dollar and the yen, while the euro was also stronger against the dollar and the yen.

Commodities

Brent Crude oil was slightly weaker last week, finishing at $72.60 per barrel. Copper and other industrial metals finished the week higher on an improved demand outlook.

Responsible investing

US and German regulators launched an inquiry into asset manager DWS, after claims that it misrepresented its ESG analysis capabilities.

MACROECONOMIC
UPDATE

US non-farm payrolls came in far below expectations. The US economy added 235,000 jobs in August, against an expected 733,000.


China’s Caixin manufacturing purchasing managers’ index (PMI) reading for August came in at 49.2, signalling a contraction in economic activity.

on the
RADAR

Chinese import and export data will give a fresh insight into how the Chinese economy has handled the latest outbreak of the Delta variant.


The European Central Bank (ECB) will provide its latest interest rate decision.

Listen to our weekly podcast for more information and our experts’ insights.

Architas

Latest investment news

Insight

Archinomics Weekly - Monday 23rd August 2021

Article | Investments | 23/08/2021

US equity markets were troubled by hints that the Federal Reserve (Fed) might begin tapering its bond buying programme before the end of the year, although the Nasdaq outperformed. European markets fell sharply on growth recovery fears, prompted by the spread of the Delta variant.

Insight

Close Look: Big data - what’s the big story?

Article | Investments | 06/08/2021

Central bank digital currencies, or CBDCs for short, have been called ‘a concept whose time has come’. Ironically for an age when cryptocurrencies or ‘decentralised finance’ are on the rise, it seems that major central banks are exploring the merits of digital versions of their own currencies.

Insight

Monthly Review - July 2021

Article | Investments | 06/08/2021

A key challenge for global central banks remains the sharp spike in inflation. Driven by used cars, travel and lodging, US inflation shot up by 5.4% in June. That’s the highest for 13 years. If higher inflation takes hold, the US Federal Reserve might have to act aggressively to slam the overheating economy into reverse.

We use cookies to give you the best possible experience of our website. If you continue, we'll assume you are happy for your web browser to receive all cookies from our website. See our cookie policy for more information on cookies and how we manage them.