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The Accumulator: May's cough just the tonic for stocks

It's been a strong week for markets, with the pound's fall after Theresa May's conference speech amplifying returns.

The Accumulator: May's cough just the tonic for stocks

It's been a good for week for investors, as buoyant stocks markets were given a further boost by a weak pound.

Emerging markets led the way this week, and none more so than Brazil, where hopes of a faster-than-expected recovery from recession and the prospect of lower interest rates have sent stocks soaring.

The country's stock market was up 8.4% in pound terms in the week to yesterday, as our exclusive Accumulator data table shows.

All major global stock markets were up this week, even in their domestic currencies. But with the dollar, yen and euro all making substantial gains against a pound weakened by political instability, those gains were even more substantial for UK investors.

You can access the Accumulator here.

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The Accumulator: FTSE see-saws on trade war fears

by Michelle McGagh on Jun 22, 2018 at 14:57

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