Stocks added to monthly gains, except in Europe where stocks lost ground. US Treasury yields were higher, as bonds lost ground. Oil prices increased double digits again, as the US-Iran conflict seems no closer to resolution.

Writing this weekly update is starting to get boring, because everything goes up every week, or so it seems. Having said that, one casualty this past week was gold, which finally seems to have come off the boil. The price of gold declined nearly 6% on Tuesday, and then stabilised but still ended down 1.8% on the week, the first weekly decline in the price of this safe haven precious metal since mid-August. All global equity indices were higher (yawn) on the week – most end

Last week was the second week running that the start of the week was characterised by turmoil, this time caused by tariff threats. Mr...

DeepSeek wrecks outlook for AI companies; Mag 7 companies MSFT, META, TSLA and AAPL report earnings; FOMC expected to hold rates