Please find attached this week’s Bulletin which contains the following points:
·Global equities resumed their upward path last week as investors put to one side the worries over Greece and took heart from further signs of a brightening outlook for the US economy.
·The relative strength of recent market performance masked another week of twists and turns in the ongoing Greek saga, which saw the prospect of a ‘disorderly’ default by Athens increasing in the minds of many.
·The price of Brent crude, the benchmark for oil prices in Europe, has been steadily rising over the past few weeks as investors grow increasingly worried about Iran's nuclear ambitions, with the US, UK and Europe all imposing sanctions to restrict Iran's ability to sell oil.
·The official measure of inflation, the Consumer Prices Index (CPI) fell sharply last month to a 14-month low of 3.6% from 4.2% in December, according to the Office for National Statistics.
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