The winter Olympics weren’t the only thing going downhill this week. Markets ended the week on a cautious note, with US indices posting their worst performance of 2026 amid growing concerns over artificial intelligence.
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All eyes on the delayed US jobs and inflation prints — they’ll drive yields, sterling, and risk appetite.
Here’s what to watch and what it means for a UK-based investors.
It was a week of cross‑currents: big tech earnings and profit‑taking created choppy sessions, but hopes of further interest‑rate cuts and calmer inflation kept global markets broadly on track
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A pivotal week, US labour report and major central bank meetings this week will shape how markets price rate cuts.
At the same time, mega‑cap earnings will show whether profit growth justifies current valuations.
It was a “week of two halves” for global markets. The week started on a wave of strong tech earnings, led by Apple’s iPhone demand, before a dramatic sell-off in gold and silver.
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