The last month of the year ended in the red with the major indices down as recession fears remained a major concern for investors. Over the month, the three major central banks, namely the US Fed, the ECB and the BoE, raised their policy rates by 50bps each to 4.5%,...
Read More...Global equity markets had a second month of strong positive returns in November on expectations that interest rate hikes would ease. In the US, the Fed raised rates by 75bps for the fourth consecutive time at its November meeting and by 50 bps in December.
Read More...Global equity markets witnessed a strong rebound over the month of October due to expectations that central banks might slow down the pace of interest rate hikes. In the UK, Rishi Sunak and Jeremy Hunt were appointed as the new prime minister and the Chancellor of the Exchequer respectively. The...
Read More...September witnessed the continued fall in global equity markets as central banks maintained their hawkish stance to combat high inflation. In the US, the Fed announced its third consecutive 75bps rate hike, whilst in Europe the ECB raised interest rate by a historic 75bps.
Read More...Global equities markets started the month of August positively but then shed the gains over the second half of the month, with most developed markets in the red. This was driven mainly by the prospect of continued aggressive rate hikes by the US Fed and the ECB, in the face...
Read More...Globally, most equity markets were buoyant in July. The US Fed and the ECB hiked interest rates by 75bps and 50bps respectively. In the UK, the final two candidates for the Conservative Party leadership election are Rishi Sunak and Liz Truss, and the winner will be announced by September 5th.
Read More...Volatility prevailed throughout the month of June as macroeconomic figures, central bank actions and the ongoing war in Ukraine impacted on most markets, which ended the month in the red.
Read More...The performance of global markets was mixed during the month of May. US equity markets were impacted, at the start of the month, by disappointing corporate results but rallied in the latter part. The gradual re-opening in China, following the prolonged lockdowns in many parts of the country, was positive...
Read More...Global equity markets ended April sharply lower. US equity markets led the way, as investors digested a more hawkish stance of the Fed and corporate earnings were below-expectations. The latest GDP figures, showing a fall of 1.4% y-o-y, caught investors by surprise as they were expecting an increase.
Read More...There was intense market volatility in March as the Russia-Ukraine war played out. The outlook was pessimistic in the first part of the month before optimism took over the second part of the month with the start of negotiations between the two parties in Turkey.
Read More...Global equity markets ended the month of February sharply lower, it is a second consecutive month this year, mainly on the back of the invasion of Ukraine by Russia.
Read More...Since the beginning of the year, there has been a lot of volatility as inflation, speculations about interest rates and geopolitical tensions in Eastern Europe all weighed on investors’ moods. High inflation is now deemed not to be transitory by many central banks.
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