Wyn Thomas - Axys Investment Management

Weekly Market Update 22nd January 2016

WORLD LEADERS GATHER IN DAVOS AMID MARKET TURMOIL

Prime Minister David Cameron was one of the many esteemed guests at the World Economic Forum in Davos this week, as he reiterated his stance on achieving reform on Britain’s standing in the European Union. As well as a potential Brexit, other key points discussed at the summit included the inherent risks in global financial markets, as well as the recent escalating political tensions between Iran and Saudi Arabia. Though one noticeable absentee from the annual gathering in Switzerland was Russian President Vladimir Putin, who was probably too busy picking the bones from a domestic currency crisis and an independent inquiry relating to the murder of KGB agent Alexander Litvinenko in 2006. Read More…..