News

Nasdaq sees best first half in forty years

US stocks ended the week, and indeed the first half of the year, on a strong note.

Major equity indices see worst week since March

In contrast to the rally seen the previous week, stocks posted steep losses on recession fears and concerns around interest rates staying higher for longer.

Commodities explained

Commodities are raw materials that are widely used to manufacture goods. They are usually put into three categories: energy (e.g. oil and petroleum and gas) metals (e.g. iron ore, copper, aluminium, gold) and agricultural (e.g. coffee, cocoa, wheat, soybeans, cattle).

Regional award win for Discretionary Investment Solutions

EFG Harris Allday have been recognised for our discretionary investment solutions, winning a regional award in the Midlands Enterprise Awards 2023.

Global equities higher in central bank heavy week

It was yet another positive week for Wall Street, lifted by signs of easing inflation and the Federal Reserve holding interest rates steady.

Cautious week ahead of FED and ECB meetings

Trading was relatively subdued for the week, with investors awaiting the upcoming release of US consumer inflation as well as the Federal Reserve’s policy meeting.