Market Commentaries

Below you will find our latest set of Monthly Market Commentaries covering a summary of the major investment markets and their respective returns within the period covered.

Market Commentary July 2021

  GLOBAL MARKETSInflation weighs on the markets...   US MARKETSShortages constrain growth… The US market currently has a number of positive and negative factors to evaluate – a massive stimulus package, going directly to the man in the street, and an aggressive...

read more
Market Commentary May 2021

Market Commentary May 2021

US inflation on the rise Expectations of rising inflation became reality in May, as the latest inflation print from the US showed a year-on-year rise of 4.2%. Although the year-on-year comparison is flattered by a low inflation figure twelve months ago, there are...

read more
Market Commentary April 2021

Market Commentary April 2021

Strong US data sees equities higher again US stocks once again reached record highs in April, as investors continued to react to a combination of improving economic data, increased growth prospects and a successful vaccination roll-out. During the month, emphasis...

read more

Market Commentary March 2021

Fed predicts strong growth in 2021 The Federal Reserve reiterated a conditional pledge not to raise interest rates for years to come and forecast the U.S. economy would expand by 6.5% in 2021, the fastest since 1984, after Washington approved the $1.9 trillion...

read more

Market Commentary February 2021

Major Equity markets rise again on sector rotation Equities turned in another positive month across the major markets in February. Among the global market sectors, leadership moved from technology to financials, as investors switched their focus from growth to value....

read more

Affinity Market Commentary January 2021

Market Commentary January 2021 UK shares remain dull despite EU trade agreement The EU trade agreement and the rapid roll-out of Covid-19 vaccines should have been enough to see UK equities higher during the first month of the new year. Investors have been willing,...

read more

Market Commentary December 2020

Brexit Trade Agreement drives UK shares and Sterling higher The announcement, on Christmas Eve, of a trade agreement between the UK and the EU, to come into force on 1st January, helped UK shares generally to end the year on a positive note. Most of the positive...

read more

Market Commentary November 2020

Covid-19 vaccine drives markets higher On 9th November, Pfizer announced the creation of a successful Covid-19 vaccine. Although this was a slightly tricky vaccine to transport and deploy, requiring storage at -80c, markets around the world reacted with unbridled...

read more

Affinity Market Commentary – October 2020

Election jitters add to uncertainty in US equities US Equities had seemingly moved to discount a Democratic win in the November election, but repeated threats from President Trump to challenge any result that did not favour him, sent ripples around the markets, with...

read more

Affinity Market Commentary September 2020

Technology profit-taking hits US equities After a sustained rally, US equities ran out of steam in September, with the S&P 500 Index falling by almost 4%. A major feature of the hiatus was technology stocks, which have been the driving force behind the positive...

read more