|KEY MARKET MOVEMENTS (% change)|
|FTSE All Share||0.63||-1.52||1.59||0.07||17.27||6.58||5.22|
|Euro Stoxx 50||-1.22||-6.35||-5.46||-4.79||14.94||12.06||7.83|
|MSCI Asia Pac.||2.91||-1.72||-4.05||-1.52||-13.64||9.16||9.79|
|MSCI Emerg. Mkts.||2.52||-1.08||-3.38||-0.85||-9.97||7.95||8.63|
|Jo’burg All Shares||2.38||0.26||10.63||2.08||22.89||16.06||11.20|
|UK Gov’t Bonds||-1.61||-3.41||-4.39||-4.47||-6.46||1.42||1.75|
|US Gov’t Bonds||-0.97||-1.80||-2.76||-2.78||-3.71||3.09||2.49|
|Global Corp. Bonds||-1.35||-3.04||-4.09||-3.83||-3.61||4.51||3.98|
|Emerg. Mkt. Local||1.22||0.74||-0.21||0.17||-6.16||1.41||2.86|
Figures in the respective local currencies as at the end of trading on 4/02/2022.
The US Labor Department released its latest monthly jobs report on Friday 4 February, revealing the US economy created far more jobs than expected in January, even as Omicron cases peaked at the beginning of the year. Nonfarm payrolls surged by 467,000 for the month, while unemployment edged higher to 4%. The Dow Jones estimate was for payroll growth of 150,000 and a 3.9% unemployment rate.
The eurozone’s unemployment rate also fell to a historic 6.4% low in December, as hiring in Europe showed a solid recovery despite the spread of the Omicron variant, according to official figures from Eurostat released on Tuesday 1 February.
|UK GDP (QoQ)||1.1||1.1|
|UK CPI (YoY)||5.4||–|
|EU GDP (QoQ)||0.3||–|
|EU CPI (YoY)||5.1||–|
|US GDP (QoQ)||6.9||–|
|US CPI (YoY)||7.0||7.3|
10 Feb • US Consumer Price Index (January) | 10 Feb • US Initial Jobless Claims | 11 Feb • UK Gross Domestic Product (December)
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Sources: Nedbank Private Wealth and (1) Bloomberg , (2) Reuters, (3) US Department of Labor, (4) Eurostat and (5) OPEC.
The value of investments can fall, as well as rise, and you might not get back the original amount invested. Exchange rate changes affect the value of investments. Past performance is not necessarily a guide to future returns. Any individual investment or security mentioned may be included in clients’ portfolios and is referenced for illustrative purposes only, not as a recommendation, not least as it may not be suitable. You should always seek professional advice before making any investment decisions.
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