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 – March 2020

Markets crash as investors fear global GDP impact of Covid-19 Whilst February saw investors focusing on the disruption to supply chains from China, in March, attention was turned to the economic effect of mass unemployment caused by the compulsory closure of retailers...

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Market Commentary – December 2019

Global equities strong into the year end Equities around the world ended 2019 on a positive note, after a year of strong double-digit returns from most markets, and expectations of low interest rates and a resolution to the Sino-US trade dispute early in the new year....

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Market Commentary – November 2019

Bond yields drift higher on calmer outlook After the rush to risk-off and the fall in bond yields seen in August, investors have continued to take comfort from US data, which appeared to show the economy still performing relatively well. Sovereign bond yields rose...

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Market Commentary – October 2019

Bond yields rise again amid global bond sell-off Bond yields across the globe rose during October, as investors were concerned over possible bond sales to fund economic stimulus packages. Korean bonds saw their worst monthly fall in three years. Another rate cut from...

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Market Commentary – September 2019

Bond yields bounce on calmer outlook After the rush to risk-off and the fall in bond yields seen in August, investors took comfort from US data, which appeared to show the economy still performing relatively well. Sovereign bond yields rose across most of the world as...

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Market Commentary – August 2019

Bond yields continue to fall July’s quarter-point rate cut from the Federal reserve was fully anticipated, but over August, US bond yields moved to reflect the expectation of a further half point to come. The assumption that the Fed was seeing signs of a US slowdown...

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Market Commentary – July 2019

US Fed cuts rates by 25bps The much-anticipated rate cut by the Fed was announced at the end of the month, and, as expected, bond yields, which had already moved lower, ended the month markedly down around the world. Equities were less enthusiastic about the cut,...

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Market Commentary – June 2019

US markets expect Fed rate cut Shares and bonds in the US rose sharply as the Fed kept rates unchanged and hinted at rate cuts to come in 2019, as President Trump’s tariffs look set to add further to the slowdown in economic growth in the US and globally. Whilst...

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Market Commentary – May 2019

US Equities retreat, bonds rally on Trade dispute/weak data US shares, which have been the best performers among the developed markets in 2019 so far, went into sharp retreat in May, as hopes for a quick resolution to the Sino-US trade dispute seemed to diminish, and...

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Market Commentary – April 2019

UK markets mark time as Brexit is delayed UK equities, which have been ahead of their EU counterparts for much of the past six months, underperformed the Eurozone in April, as Brexit was delayed until 31st October, with no indication of what comes next. As Theresa May...

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