Latest Irish Life weekly markets update
Latest Irish Life weekly investment bulletin
Key talking points include
Key talking points include
- Equity markets retreated for the second consecutive week as higher US inflation figures deterred market expectations that interest rates will be cut in June.
- The S&P 500 rose by 0.2% (MTD -0.88%, YTD 12.1%) though in local currency terms it fell -1.5%, while the Euro Stoxx 50 fell by -1.0% (MTD -2.4%, YTD 10.3%).
- This week, investors will be closely focused on developments between Israel & Iran which may overshadow some key activity data including US retail sales and industrial production, as well as Eurozone industrial production and Germany's ZEW business survey.