Market Overview – November 2019

Market Overview – November 2019

US-China trade-war negotiations were among the biggest drivers behind investor sentiment in November 2019. In spite of the two economic power-houses having showed glimpses of a consensus being reached, the month closed on a sour note after the US passed two bills antagonising China. Risk assets declined on worries over how the Chinese might react, […]

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Market Overview – September 2019

Market Overview – September 2019

September proved to be a relatively resilient month for equity markets, posting fair gains in the face of a string of negative news. Escalating trade-war tensions between the US and China, impeachment charges against President Trump, Brexit uncertainty in the UK and political instability in Europe (particularly in Italy), were not enough to dampen investor […]

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Market Overview – August 2019

Market Overview – August 2019

Global equity markets fell substantially in August, as investors were left to deal with a plethora of negative news. The trade war between the US and China continued to escalate, Brexit uncertainties multiplied after UK PM Boris Johnson suspended parliament, Germany began showing plausible signs of an imminent recession and an inversion in the US […]

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Market Overview – July 2019

Market Overview – July 2019

Global equity markets were mixed in July, buoyed during the run up to the US Fed cutting rates by 0.25%, but subsequently muted by the Fed’s more hawkish stance regarding further reductions. Adding to this depressed sentiment late in the month was the unproductive conclusion of the much-anticipated US-China trade talks, the likelihood of a […]

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Market Overview – June 2019

Market Overview – June 2019

Global equity markets were broadly stronger in June, buoyed by the prospect of a positive outcome from the trade negotiations between the US and China at the G20 Summit, and the possibility of interest rate cuts coming out of the US and Europe. Global risk sentiment was muted for the month, boosting appetite for emerging […]

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Market Overview – May 2019

Market Overview – May 2019

Global equity markets suffered a broad-based downturn in May following a new bout of tariff increases in the US-China trade war, exacerbated by growing concerns over the impact it will have on global growth. In the UK, Prime Minister Theresa May’s failure to successfully negotiate Brexit led to her forced resignation. Meanwhile, signs of an […]

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Market Overview – April 2019

Market Overview – April 2019

Global equity markets recorded healthy gains in April, as positive investor sentiment (largely arising from the easier global monetary outlook) outweighed renewed concerns over a slowdown in global growth. The IMF revised its 2019 global growth forecast down to 3.3% from 3.5% previously, citing the decelerating US and EU economies, as well as ongoing trade […]

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