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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World markets summary:
The month was a tough one for financial assets as a series of surprisingly strong economic data releases in the West, coupled with higher than expected inflation…
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With it now consigned to the history books as the largest US bank failure since 2008, this time last week very few outside of the technology or cryptocurrency sectors had…
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World markets summary:
Financial assets enjoyed a very strong start to the year as investors took heart from increased evidence that inflation is peaking in the West and that the…
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World markets summary:
Global markets ended a tumultuous year with another month of languid performance. With the exception of Hong Kong and China, equity markets gave back some of…
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