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St James’s Place Week Watch 27th August 2024

Thank you, David Gardener and St James’s Place Asia and Middle East, for sharing your valuable market insights with our community in the SJP 27th August Week Watch.

This week, SJP will delve into the intricacies of the global financial markets, including the US, UK and Japan, and share practical tips to enhance your wealth management strategies and a perspective on interpreting the media reports and narratives. This week’s blog covers the following points;

Stock Watch

  • Jackson Hole Economic Symposium

    • the US Fed will meet to decide on interest rates in September, where markets will be expecting either a 0.25% or a 0.50% cut.

  • BoE will feel comfortable making further cuts to the UK Bank Rate, albeit at a measured pace, but cautioned that it is too early to declare victory over inflation.

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