News & Views

UK equities led a broadly positive week for markets, although technology stocks remained under pressure. Extreme heat and wildfires dominated headlines across Europe, while volatile oil prices kept inflation risks in focus. Attention now turns to key interest-rate decisions from the Federal Reserve and Bank of England, alongside fresh eurozone growth and inflation data.

Global markets moved higher this week, with investor sentiment improving following a period of heightened volatility. While geopolitical tensions remain a key source of uncertainty, markets have shown resilience, supported by stabilising commodity prices and renewed confidence in growth sectors. At the same time, inflation dynamics and central bank expectations continue to shape the outlook, with investors balancing short-term risks against a more constructive medium-term bac