Market Update December 2012 Last month overall global economic growth was sluggish. Western European and Japan’s economies continued to slow, while Emerging markets drove most of the expansion. In Europe, the European Union committed to supporting the Spanish banking system with €37 billion in funding. Meanwhile, Spanish retail sales continued to struggle, with volumes down 9.7% year on year to … Read More
Market Update December 2011
Market Update December 2011 It’s been quite a year for sharemarkets around the world, and in this edition of Market Update the attention remains firmly on Europe with central banks agreeing to co-ordinate to ease pressure on markets. While this is positive news, Europe still has a long way to go before we see real, tangible improvements. There’s also reason … Read More