Market Overview – August 2020

Market Overview – August 2020

Global equity markets were broadly positive in August, largely on the back of advancements in the development of a Covid-19 vaccine, the broad-based resumption of global economic activity and growth, and the announcement of a new approach to average-inflation targeting by the US Federal Reserve. In South Africa, the easing of lockdown restrictions and the […]

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Market Overview – April 2020

Market Overview – April 2020

Markets rallied in April as global central banks continued their unprecedented expansion of monetary stimulus to mitigate the economic impact of the COVID-19 pandemic. Sentiment was largely on the ascendency as more countries announced plans to gradually ease lockdown restrictions. The IMF warned that the global economy is set to contract by 3% this year, the steepest decline […]

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Market Overview – March 2020

Market Overview – March 2020

The widespread impact of the COVID-19 pandemic dominated global markets in March. Almost all asset classes sold-off during the month, as negative investor sentiment was amplified by uncertainty over the extent and severity of the virus and its impact on economic growth. The IMF warned of a coming global recession worse than that of the […]

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Market Overview – February 2020

Market Overview – February 2020

Global equity markets sold off in February as concerns over the widespread impact of the coronavirus weighed on investor sentiment. Safe-havens rallied, with long-dated bond yields in the US reaching all time lows. The risk-off sentiment was compounded by reports that the impact of the pandemic would detract up to 0.5% from global growth. In […]

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Market Overview – January 2020

Market Overview – January 2020

Risk-off sentiment dominated global markets in January following the outbreak and rapid global spread of the coronavirus, amid fears it would present major headwinds for global growth and trade, especially for China. This sent most equity markets lower for the month, while bond markets also gave up ground amid the deteriorating sentiment. Some respite came […]

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