The Key Takeaways and What You Can Do
There is a clear theme at play in markets: Risk -On! The driver? Several
The risk-on mood has continued as odds of rate hikes remain extremely low while bets for rate cuts have risen dramatically
Economic data has been fairly light this week. Next week is key as we have the October inflation releases. Commodities have fallen back with Oil dropping
Global Central Banks decided to take a pause over further rate hikes, while the much-awaited October US Nonfarm Payroll data forecast a gain of +170,000.
The UK Budget announcement certainly gave us a lot to consider, with the abolishment of the Lifetime Allowance being the headline grabber.
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Your risk profile is not only shaped by your psychological attitude toward risk, but also your age, goals & financial situation when investing.
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