Tochi Nwozuzu

Global stock markets ended a strong month on a generally positive note as investors continue to hope that central banks will soon be able to start cutting interest rates.

Global stock markets held on to their recent gains during what by recent standards has been a relatively uneventful week.

Global stock markets enjoyed a largely positive week, although optimism was tempered on Thursday by concerns that continued strength in the American labour market could force the Federal Reserve to tighten monetary policy further.

Signs that interest rates in the US and Europe have reached a definitive peak sent global stock markets surging this week following a grim October.

Global stock markets endured another week of volatility and decline as fears about the potential impact of the intensifying conflict in the Middle East grew.

Global stock markets had a positive week despite the escalating conflict in the Middle East and recent data highlighting sticky inflation in the United States.

A new month has done little to brighten investors’ mood, with fears of a prolonged period of high interest rates continuing to weigh on sentiment in global markets.

Global stock markets suffered further losses this week, and September looks set to be one of the weakest performing months of 2023.

Fears that interest rates will remain at higher levels for longer than previously expected have sparked losses on global stock markets.