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Peregrine Wealth

Peregrine Global. Peregrine Guernsey

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Global markets in perspective.

weekly wrap
October 4, 2024

SENTIMENT SHIFTS AFTER CHINA’S STIMULUS ANNOUNCEMENT

The performance of currencies and bonds is closely tied to global economic developments, but sentiment also plays a major part. The past two weeks have been no exception. Last week we witnessed the benefits of the stimulus measures from China, particularly on commodity-driven currencies like the South African rand, the Brazilian real, and the Australian […]
weekly wrap
September 27, 2024

CHINA’S STIMULUS – BOLD MOVE OR TEMPORARY FIX?

China’s economy has been limping lately, struggling with sluggish growth, a gloomy property sector, and the dreaded “D” word—deflation. Traditional pillars like manufacturing and exports are losing steam, while consumer confidence has been as elusive as a mirage in the Gobi Desert.
weekly wrap
September 20, 2024

FED TRIMS RATES

“The US economy is basically fine,” said Jerome Powell, chairman of the United States (US) Federal Reserve (Fed).
weekly wrap
September 13, 2024

WHAT MOVED MARKETS THIS WEEK

This week’s market performance was shaped by three pivotal events: the European Central Bank’s (ECB’s) latest rate cut, the release of United States (US) inflation data, and the first US presidential debate between Kamala Harris and Donald Trump.
weekly wrap
September 6, 2024

A GRUELLING DAY FOR TECH SWEETHEART

Nvidia, the darling of the tech world, has been flying high on the wings of artificial intelligence (AI) hype and investor enthusiasm.
weekly wrap
August 30, 2024

GOLD SHINES BRIGHTLY

Gold’s recent rally has captivated the financial world, with prices soaring to unprecedented highs; gold prices have seen an impressive 31% increase over the past year. This surge is not merely a byproduct of the metal’s traditional safe-haven appeal or its attraction in a declining interest rate environment; it’s driven by a potent combination of […]
weekly wrap
August 23, 2024

A tale of two economies: Trump vs Biden

During Donald Trump’s presidency, the US economy saw significant growth, particularly in the first three years, with an annual gross domestic product (GDP) increase of 2.7%.
weekly wrap
August 16, 2024

MARKET SNAPSHOT

Fed expectations continue to drive bond yields In the bond markets, the 10-year United States (US) Treasury note yield climbed by 10 basis points, reaching over 3.93% on Thursday.
weekly wrap
August 2, 2024

CENTRAL BANKS NAVIGATE UNCHARTED WATERS

Three major central banks found themselves at a crossroads this week, as they faced the daunting task of balancing economic growth with controlling inflation.
weekly wrap
July 26, 2024

POTENTIAL IMPLICATIONS OF A TRUMP VICTORY

Should Donald Trump secure another term as President of the United States (US), how will his second term differ from his previous tenure, and what will the ramifications be for the US economy, and global markets.
weekly wrap
July 19, 2024

THE STATE OF THE FINANCIAL SECTOR IN CHINA – 40 BANKS DISAPPEAR

In the week ending 24 June, China’s financial landscape experienced an unprecedented shake-up, with 40 smaller banks being swiftly absorbed by larger institutions.
weekly wrap
July 12, 2024

FED MAINTAINS CAUTIOUS MESSAGING

Fed Chair, Jerome Powell, recently delivered his Semi-Annual Monetary Policy Report before Congress, a two-day event that has become a focal point for market participants seeking clues about the future of US monetary policy.