21st May 2021

Weekly Round Up

UK and US markets have had another volatile week as inflation woes continue to unsettle investors.

Wednesday saw the largest fall with the FTSE 100 down over -100 points. The US Dow Jones closed -0.48% down, following the Federal Reserve’s hinting that it is to consider taking further monetary policy action to tackle high inflation in the coming months.

European markets saw similar falls as inflation continues to rise. At current levels inflation is not a major concern, however investors continue to brace for potential interest rate changes - a move that has a potentially negative implications for riskier assets such as equities.



Breedon Group is among the top risers this week. The AIM listed construction materials company sees a 9.25% rise in what has been a volatile trading week throughout the FTSE indices.



Antofagasta Plc is the largest faller in the FTSE 100 this week. The copper mining group sees a weekly fall of 14%, as commodity prices and precious metal prices dropped this week.