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Week in Review: The Delicate Balance

On Thursday more than 150,000 new cases of the coronavirus were recorded, the highest single-day number so far. The new cases were mostly reported in the Americas, with significant numbers from South Asia and the Middle East. Countries globally are moving forward with the reopening of their economies, some more cautiously than others, as each…

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Week in Review: Reopening Optimism Lifts Markets

Global markets ended the week higher, with the month of May marking the start of the gradual reopening of economies. A steady but slow decline in new infections in developed markets has allowed for the partial lifting of lockdown restrictions, boosting investor confidence. Markets were also encouraged by news of human trials of a possible…

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Week in Review: Sino-US Tensions Escalate

Global stocks rose for the week as investors were buoyed by progress in vaccine trials and optimism over the reopening of economies, however the week ended a little more subdued as the prospect of an escalation in tensions between the world’s two largest economies seems to be gaining traction. The Chinese government moved to assert…

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Week in Review: Crude Oil Plunges

U.S. crude futures dived into negative territory for the first time in history this week amid concerns that there is not enough global storage for a market decimated by collapsing demand amid widespread lockdowns and travel bans due to the coronavirus pandemic. Brent Crude finished the week down more than 20% as demand destruction from…

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Week in Review: S&P 500 posts best week since 1974

Markets got off to a strong start for the week, with growing hopes that coronavirus deaths were beginning to decline in parts of Europe. Markets carried that momentum into Tuesday morning, after China reported no coronavirus-related deaths for the first time, while Germany was seeing more recoveries than new cases and Italy stated it will…

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Carrick Wealth Launches International Property Service

Carrick Wealth, Southern Africa’s leading wealth and investment advisory, is proud to announce the launch of its brand-new business division, Carrick Property, together with its own dedicated website. This development comes in response to an identified need in the market for the provision of independent professional services for those wishing to diversify their investment portfolios…

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What to consider when investing in International Property

Every investment portfolio requires regular assessment and perhaps adjustments as conditions change. Perhaps your portfolio is not diversified enough and is overexposed to the risks and uncertainties of one particular asset class or geographical market. There could be any number of factors that may signal that it’s time to make some sound adjustments. The best…

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Week in Review: President Ramaphosa delivers SONA 2020

Global attention remained on the coronavirus outbreak as the number of confirmed cases rose and China’s factories try to reopen. Equities were mostly stronger for a second straight week while bond yields stayed unchanged, a sign that investors are cautiously optimistic. In the U.S., Federal Reserve (Fed) Chair, Jerome Powell’s commentary took centre stage, where…

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