Please see below Brewin Dolphin’s latest market summary, which was received yesterday (28/09/2021) afternoon:
As you can see from the above, markets remained subdued last week as China’s Evergrande property business situation continued. The FTSE 100 had a better week than others as the Bank of England kept interest rates at 0.10%.
The US has signalled that rate hikes over there could come sooner than expected. This is something to monitor.
As stated last week, the negative sentiment towards China at the moment is likely to present buying opportunities in Chinese Equities.
Please continue to check our Blog content for advice and planning issues and the latest investment, markets and economic updates from leading investment houses.
Please keep safe and healthy.
Carl Mitchell – Dip PFS
Independent Financial Adviser
29/09/2021