Equity markets were mixed last week as markets struggled to gain traction amid a flow of (mostly) worrying news. There was the worsening second wave of Covid-19 in Europe and the announcement of tighter restrictions on socialising in the UK. Then, a potential hitch with the AstraZeneca vaccine, added to increasing worries of a no-deal Brexit. On the financial front, perhaps the most remarkable development was the 3.5% fall in sterling which likely helped the FTSE100 outperform its international peers over the past week.
Please find attached the latest edition of our ‘Markets in a Minute’ which provides commentary on the global markets and how these might be affecting your investments. We hope you find this useful.
Markets in a Minute - 15 September 2020