In the US the March FOMC meeting kept interest rates on hold but signalled to 3 cuts in 2024 as the timing could see cuts ahead of the November US Presidential election. In Europe a surprise announcement from the Swiss National Bank (SNB) reducing interest rates by 25 basis points. In the UK positive inflation news for February slowing to 3.4%. However, despite the positive data, no move on interest rates by the BOE. In Ireland the major news was the shock resignation of An Taoiseach Leo Varadkar, whilst the NTMA held two successful Bond auctions raising €1Bn. In Asia-Pacific a historic shift by The Bank of Japan which raised rates and ended nearly 8 years of negative interest rates.
WEEKLY MARKET REVIEW
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Weekly Market Review – 25th March 2024
The Week in Numbers
Key Events
Stay Informed with Our Seaspray Private Weekly Financial Market Review
Get the latest insights on global financial markets with our Weekly Market Review. In it we discuss the key financial headlines from the U.S, Europe, UK, Ireland, and Asia-Pacific, along with in-depth analysis of major asset classes, including:
Equities – U.S, Europe, and UK market trends
Bonds – Interest rate movements and fixed-income insights
Commodities – Oil, gold, and other key market drivers
Stay ahead of market trends with our expert insights. Read the latest update now!
