Skip to main content Skip to site footer

You are using an outdated browser. Please upgrade your browser to improve your experience.

Archinomics Weekly - Monday 11th October 2021

5 days ago



Stock market sentiment ended the week on a high note, as US Senators averted a potential debt crisis. Markets finished the week higher in the US, Europe and the UK. In Asia, China’s Hang Seng rose, while the Japanese Nikkei 225 was lower. 


Long-dated US Treasury yields rose over the week, and prices fell. US corporate bond issuance was strong, although high yield corporate bond prices fell as growth and inflation concerns weighed on the asset class.


The US dollar was slightly higher against the euro and weaker against sterling over the week. The euro fell slightly against both sterling and the US dollar.


The price of Brent Crude oil continued to rise last week, finishing the week at above $82 per barrel. The price of oil has been pushed higher by the prospect of a global energy crisis.

Responsible investing

136 countries have agreed on a 15% global minimum corporate tax rate, organised by the OECD (Organisation for Economic Cooperation and Development). The aim of the tax is to prevent companies diverting profits to off-shore ‘tax havens’, where rates are lower. 


The US Senate voted to extend the debt ceiling, avoiding the risk of a default for another two months.

US non farm payroll data came in below forecasts, pointing towards a weaker than expected jobs market. 194,000 new jobs were added against an expected 500,000.

Rising European gas prices were tempered slightly, as President Putin said Russia could step in to help stabilise the market.

on the

Minutes from the latest US Federal Reserve meeting will be released, and could give more insight into the central bank’s thinking.

US earnings season will kick off with reporting from a number of financial institutions, including Citigroup and Goldman Sachs.

Listen to our weekly podcast for more information and our experts’ insights.


Latest investment news


Archinomics Monthly - September 2021

Article | Investments | 07/10/2021

Evergrande, the Chinese property giant, became the most high profile casualty of recent regulatory reforms. The world’s most endebted property company approached a crisis point as interest payments to foreign creditors were missed.


Monthly Review - September 2021

Article | Investments | 05/10/2021

Evergrande, the giant property developer, became the latest high-profile casualty of China’s government clampdowns. Property speculation sits firmly in the sights of President Xi, in his bid to stamp out extreme wealth for the few and promote ‘common prosperity’ in China. 


Close Look: Helicopter money - what's the big...

Article | Investments | 04/10/2021

The term ‘helicopter money’ has been heard many times since the Great Financial Crisis, describing a particular and unorthodox style of monetary policy. Has the experiment ever been tried, and has it ever worked? We hover down and take a closer look. 

We use cookies to give you the best possible experience of our website. If you continue, we'll assume you are happy for your web browser to receive all cookies from our website. See our cookie policy for more information on cookies and how to manage them.