{"id":1754,"date":"2023-11-13T17:36:02","date_gmt":"2023-11-13T17:36:02","guid":{"rendered":"https:\/\/financialadviceinlondon.com\/?p=1754"},"modified":"2023-11-13T17:36:03","modified_gmt":"2023-11-13T17:36:03","slug":"stocks-held-previous-weeks-strong-gains-inflation-data-due","status":"publish","type":"post","link":"https:\/\/financialadviceinlondon.com\/2023\/11\/13\/stocks-held-previous-weeks-strong-gains-inflation-data-due\/","title":{"rendered":"Stocks held previous week&#8217;s strong gains &#8211; inflation data due"},"content":{"rendered":"\n<p>Global stock-markets were mixed last week but US equities had a late rally on Friday which has pulled Europe higher today (Monday). Generally though there was a consolidation of the previous week&#8217;s strong gains which is encouraging.<\/p>\n\n\n\n<p>Federal Reserve Chair Jerome Powell spoke at a meeting of the International Monetary Fund (IMF) last week. He said it was still too early for the central bank to announce the end of its series of interest rate hikes. Although he did not present a case for further rate increases, he highlighted that the Federal Open Market Committee (FOMC) is committed to a monetary policy stance that will bring inflation down to 2 percent over the long term. Powell expressed caution about prematurely claiming success and stated that officials will closely monitor economic conditions to avoid the risk of raising rates excessively. He also emphasised the importance of not being swayed by short-term positive data but instead taking a careful approach. US stocks sold-off on Thursday after Powell&#8217;s comments but recovered strongly on Friday to end the week on a high.<\/p>\n\n\n\n<div style=\"height:47px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Full report:<br><a href=\"https:\/\/realmim.com\/stocks-held-previous-weeks-strong-gains-inflation-data-due\/\">https:\/\/realmim.com\/stocks-held-previous-weeks-strong-gains-inflation-data-due\/<\/a><\/p>\n\n\n\n<div style=\"height:49px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><em>Disclaimer: \u2018Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy.<\/em><\/p>\n\n\n\n<p><em>This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment\/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.\u2019<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Global stock-markets were mixed last week but US equities had a late rally on Friday which has pulled Europe higher today (Monday). Generally though there was a consolidation of the previous week&#8217;s strong gains which is encouraging. Federal Reserve Chair Jerome Powell spoke at a meeting of the International Monetary Fund (IMF) last week. He [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/financialadviceinlondon.com\/wp-json\/wp\/v2\/posts\/1754"}],"collection":[{"href":"https:\/\/financialadviceinlondon.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialadviceinlondon.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialadviceinlondon.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/financialadviceinlondon.com\/wp-json\/wp\/v2\/comments?post=1754"}],"version-history":[{"count":1,"href":"https:\/\/financialadviceinlondon.com\/wp-json\/wp\/v2\/posts\/1754\/revisions"}],"predecessor-version":[{"id":1755,"href":"https:\/\/financialadviceinlondon.com\/wp-json\/wp\/v2\/posts\/1754\/revisions\/1755"}],"wp:attachment":[{"href":"https:\/\/financialadviceinlondon.com\/wp-json\/wp\/v2\/media?parent=1754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialadviceinlondon.com\/wp-json\/wp\/v2\/categories?post=1754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialadviceinlondon.com\/wp-json\/wp\/v2\/tags?post=1754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}