Top

Peregrine Wealth

Peregrination - First quarter 2023

News

Global markets in perspective.

in the media
November 29, 2023

RETURNING TO THE ‘OLD NORMAL’: INSIGHTS FROM PEREGRINE WEALTH LIMITED’S OUTLOOK WEBINAR

Peregrine Wealth Limited recently hosted a live presentation that shed light on our global economic outlook
weekly wrap
November 24, 2023

NO MENTION OF RATE CUTS

Tuesday’s Federal Open Market Committee (FOMC) minutes revealed a unanimous decision by US Federal Reserve (Fed) officials to maintain the benchmark lending rate within the 5.25% to 5.5% range for the second consecutive meeting.
weekly wrap
November 17, 2023

MARKET OPTIMISM AS US INFLATION SLOWS

In a surprising twist to the recent market narrative, the United States’ October Consumer Price Index (CPI) print came in at 3.2%, slightly below the expected 3.3%.
weekly wrap
November 10, 2023

GLOBAL DELISTING DILEMMA: NAVIGATING CHALLENGES

Stock exchanges worldwide are grappling with a decline in stock listings when compared to the number of exits. A comparative analysis by industry experts across the globe indicates that Luxembourg and Frankfurt, for example, have experienced substantial declines of 52% and 35%, respectively.
weekly wrap
November 3, 2023

THE US INTEREST RATE DECISION TAKES CENTRE STAGE

The Chair of the US Fed, Jerome Powell, announced the decision to leave interest rates unchanged in the most recent Federal Open Market Committee meeting. Powell’s remarks hinted that there might not be further rate increases this year, particularly given the cooling US economy.
weekly wrap
October 27, 2023

THE FASTEST GROWING ECONOMIES IN 2024

According to the International Monetary Fund’s (IMF) latest world economic outlook report, the top five countries, in descending order, in terms of expected gross domestic product (GDP) growth in 2024
weekly wrap
October 20, 2023

RISING BOND YIELDS AND A RESILIENT CHINESE ECONOMY

US Federal Reserve (Fed) Chair, Jerome Powell’s speech on Thursday at the Economic Club of New York had investors on edge, as they feared a potential hawkish tone, following the more dovish sentiment of the recent Federal Open Market Committee (FOMC) meeting minutes.
weekly wrap
October 13, 2023

MIDDLE EAST CONFLICT ESCALATION: GLOBAL ECONOMIC AND MARKET IMPLICATIONS

The sudden and substantial attack launched by Hamas on Israel during the early hours of last Saturday morning has introduced a highly destabilising element into the global geopolitical landscape.
weekly wrap
October 6, 2023

GLOBAL BOND MARKET TURMOIL

The recent bond market selloff, along with the accompanying rise in yields, has significant implications for global financial markets – including stocks, corporate bonds, and even mortgage rates – and makes it a critical development for investors and policymakers to monitor closely.
weekly wrap
September 29, 2023

OIL PRICE REIGNITES INFLATION WORRIES 

The surge in oil prices, with Brent Crude futures hitting a near-one-year high of $97.80/barrel, poses significant challenges to both central bankers and global markets.
weekly wrap
September 22, 2023

TURKEY HIKES RATES BY 500 BASIS POINTS

The Central Bank of the Republic of Türkiye has taken a significant step in addressing its economic challenges by raising its key interest rate by five percentage points to 30%. This move, the second consecutive month of aggressive tightening
weekly wrap
September 15, 2023

US ECONOMY REMAINS RESILIENT

The United States (US) Federal Reserve (Fed) started its rate hiking cycle in March 2022 and, having raised rates by a total of 525 basis points since then, went from an interest rate range of zero to 0.25% to a range of 5.25% to 5.50% by July 2023.