Weekly Market Update 3rd November 2017

REVERSAL OF THE BREXIT RATE CUT AND A NEW HEAD OF FED

This week we finally saw a rate rise, putting an end to what feels like years of scepticism on our part that it would ever happen. We remain sceptical
overall on the path of future rates and think a lower for longer mindset still persists at the Bank of England. Markets drew many of the same conclusions,
and much of the pre-hike excitement evaporated after the details of the decision were made public. Read more…