Macro
Quarter three (Q3) 2023 saw a marked disparity in economic momentum. Japan and the US generally performed above expectations whilst Continental Europe and China clearly decelerated and in the…
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World Markets Summary:
September, often a tough month in financial markets, once again proved to be a tricky month for markets. Equity market volatility, as measured by the Volatility Index…
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World markets summary:
In what was a volatile month, very few asset classes provided positive returns in August, with the exception of oil. August is a notoriously tricky month for…
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World markets summary:
July was a good month for investors as the mood was buoyed by positive developments on both the inflation and profit front as well as increased stimulus…
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Macro
By the end of this year’s second quarter (Q2), central banks of major economies found themselves at different junctures in their monetary policy cycles, at least temporarily. After being…
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World markets summary:
June was generally a positive month for stock markets as returns broadened out in the US. Europe and Asia also climbed whilst the UK lagged behind. A…
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World markets summary:
May was a month of significantly divergent returns, with the Nasdaq 100, Japanese equities and Taiwanese equities up mid-to-high single digits, whilst Hong Kong equities and the…
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World markets summary:
After a volatile first quarter of 2023, April was relatively becalmed. Stock markets in most regions advanced modestly, led by a surprisingly resilient UK market which shrugged…
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Macro
The global economy outperformed pessimistic expectations during the quarter, helped by unseasonably mild weather in the US and Europe. The unexpected and rapid rebound in Chinese activity also bolstered…
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World markets summary:
March began with the collapse of Silicon Valley Bank (and several smaller US regional banks) as fears of a wider 2008-09 banking crisis rippled through markets, eventually…
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