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.

Affinity Market Commentary – January 2022

GLOBAL MARKETS Fed turns hawkish as elevated inflation persists Government bonds underperform corporate bonds as faster rate rises loom US MARKETS Fed prepares markets for tapering and rate rises Fed manages to avoid another ‘taper tantrum’ and announces the end to...

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Affinity Market Commentary – December 2021

GLOBAL MARKETS New COVID-19 variant hurts both developed and emerging markets Oil & commodities fall, reversing earlier course US MARKETS Hawkish comments by the fed affect the marketsThe Federal Reserve’s Jerome Powell’s hawkish comments on faster tapering caused...

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Affinity Market Commentary November 2021

  GLOBAL MARKETS US leads global markets on the back of strong earnings. UK large-cap rose strongly, while China continued to recover. US MARKETS US leads global markets based on earnings Fears of a sell-off in US equities during October proved unfounded, as the...

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Market Commentary – October 2021

  GLOBAL MARKETS Possible contagion from China rattles global markets. US equity markets weakened on talks of tapering the record $28.8tn debt and sooner than expected rate rises. US MARKETS Fell sharply on monentary policy fears US equities fell sharply on...

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Market Commentary September 2021

  GLOBAL MARKETS Major global equity markets all showed positive returns in August, led by the US and Japan. Emerging market returns were driven by India, China and Brazil. US MARKETS Reached new highs… US equities reached new highs again in August, returning...

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Affinity Market Commentary – August 2021

  GLOBAL MARKETSInflation weighs on the markets... US MARKETSFacing strong headwinds… The US equity market rebounded from March 2020 low levels and low corporate earnings to stage a massive bull run on strong earnings and a spike in GDP. The economic data coming out...

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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...

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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...

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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...

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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...

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