News & Views

Global markets were mixed over the week as investors weighed easing inflation expectations against political and geopolitical uncertainty. UK equities posted modest gains, supported by large-cap stocks, while US markets diverged, with defensive sectors outperforming as technology shares came under renewed pressure. Central banks maintained a cautious, data-dependent stance, and attention now turns to a busy week of economic data that could shape near-term market expectations.

Global equities hit record highs last week, though momentum faded by Friday. Investors now turn to the Fed’s Jackson Hole meeting for clarity on interest rates, while economic resilience in the UK and geopolitical shifts add to the week’s outlook.