Stocks were lower last week and bonds fell. Fed Chairman, Jerome Powell will speak at the end of this week at the Jackson Hole Symposium.
Markets went a little risk-off last week after one of the big three credit ratings agencies, Fitch, downgraded their US credit rating from from AAA
The Fed will make its next interest rate decision known on Wednesday. The market is pricing in a near certainty of another 0.25% hike. The
All major global stock-markets were lower last week apart from India which managed to gain slightly. Bond yield rose, commodities were mixed but generally higher.
All major market indices ended the week higher with a strong end to the week after the release of US Inflation Data on Friday. Investors