AHR Weekly Market Update - Monday 12th August

AHR Weekly Market Update Podcast

Welcome to this week’s AHR market review, for the week ending 9th August 2024

The global stock markets saw a week of heightened volatility, driven by a mix of economic data releases, central bank actions, and sector-specific developments.

In the United States, the three major indices — the Dow Jones Industrial Average (DJIA), S&P 500, and Nasdaq Composite — showed mixed performances, with only slight changes by the end of the week.

European markets were similarly unstable.

In Asia, the Japanese stock market was notably volatile, with the Nikkei 225 fluctuating throughout the week.

In China, the Shanghai Composite Index ended the week slightly lower as concerns over the country's economic growth continued to weigh on investor sentiment.

Indian markets also faced challenges during the week.

Commodities markets mirrored the unease in equities, with gold prices inching higher as investors sought safe-haven assets, with gold futures trading around $2,470 per ounce by the end of the week.

Overall, the week was characterized by cautious trading as investors grappled with mixed economic signals, central bank actions, and sector-specific developments.
That’s all for this week’s AHR Weekly Podcast. Thank you for listening and for further investment insights head over to ahrprivatewealth.com