Weekly Market Review

This Weekly Market Review examines financial headlines coming from the United States, Europe, and Asia-Pacific and reviews any movement in the major asset classes over the last 7 days, focusing on equities, bonds and commodities, indicating key upcoming events to be aware of. The Weekly Market Review addresses the US presidential election, the Chinese Premier’s visit to Ireland and analyzes the key drivers of Irish inflation for December. Also covered is the World Economic Forum which was held in Davos, Switzerland. The forum took place to a backdrop of both increased economic optimism but also increased geopolitical risks. Some of the key themes of the 2024 conference included the rise of Generative AI, human longevity and climate change.

On equities, the Weekly Market Review outlines how US equity markets would record back to back daily gains on Thursday and Friday, with the S&P 500 closing at a new all time high, up 0.78% for the week, while the NASDAQ also posted a weekly gain of 1.98%. Friday would see EU based equities lose the momentum they had gained on Thursday, and for the week the Eurostoxx closed -0.82% lower, while the FTSE 100 posted a weekly loss of -2.20%. According to our Weekly Market Review, analysis of the Bond market, the 10 Year Gilt hit its highest level in over a month, just shy of the 4.0% mark, before a slight retreat to its closing level of 3.9%, plus the Weekly Market Review tells us that Commodities this week, crude oil markets were flat and in Gold markets, prices fell to their lowest point in over a month.

We hope you enjoy the read and as an investor, it provides timely and insightful commentary on key macro and market-related issues globally and here at home in Ireland.

Read the full review in detail below or download here