{"id":1693,"date":"2023-06-05T22:14:32","date_gmt":"2023-06-05T22:14:32","guid":{"rendered":"https:\/\/financialadviceinlondon.com\/?p=1693"},"modified":"2023-06-05T22:14:33","modified_gmt":"2023-06-05T22:14:33","slug":"market-focus-back-on-inflation-and-rates-after-agreement-reached-on-debt-ceiling","status":"publish","type":"post","link":"https:\/\/financialadviceinlondon.com\/2023\/06\/05\/market-focus-back-on-inflation-and-rates-after-agreement-reached-on-debt-ceiling\/","title":{"rendered":"Market focus back on inflation and rates after agreement reached on debt ceiling"},"content":{"rendered":"\n
Market Review from Realm Investment Management – week ending 2nd June 2023<\/strong><\/p>\n\n\n\n Stocks in Europe were broadly flat last week but the US had a strong week following the approval of the debt ceiling agreement.<\/p>\n\n\n\n US equities had a strong end to the week despite Friday’s payrolls report which showed the economy added 339,000 jobs in May. The number was much higher than expected and continues to indicate a tight labour market suggesting the Fed may not have room to cut rates any time soon.<\/p>\n\n\n\n