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...
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...
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...
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...
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....
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,...
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...
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...
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...
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...
