Global Markets to 17 June 2019 Highlights Global equity markets struggle to make further headway as safe-haven assets, such as sovereign bond markets, are in demand. German Bund yields hit record lows following weak Chinese data and tanker attacks in the Gulf of Oman. Tensions increase between Washington and Tehran over those tanker attacks in […]

Global Markets to 10 June 2019 Highlights Financial markets react to further US trade tariffs as Washington turns its attention to Mexico The latest US jobs report reignites concerns that the world’s largest economy may be slowing down In the US Treasury market, yields continue to fall after a weaker-than-expected US jobs report and continuing […]

Global Markets to 03 June 2019 Highlights Global equity markets suffer in May with the MSCI World Index retreating by 6%. A month of tariff tantrums between the US and China makes for a nervous backdrop for risk assets. The decline in global sovereign bond yields accelerated noticeably last month. The price of Brent Crude […]

Global Markets to 20 May 2019 Highlights Tit-for-tat reactions to trade tariffs from the US and China rattle global stock markets. Geopolitical tensions between the US and Iran push the price of crude oil up to US$73 a barrel. As global equity markets start to feel geopolitical tensions, the 10-year Treasury yield retreats on safe-haven […]

Global Markets to 13 May 2019 Highlights The US Administration increases tariffs on US$200 billion worth of Chinese goods. The EU fears that President Trump may hit the auto industry with tariffs. Global equity markets initially fall on the news of higher tariffs, but then quickly rebound. Brexit talks continue, the EU elections are fast […]

Global Markets to 29 April 2019 Highlights Wall Street hits a record peak before retreating on economic slowdown fears, despite the latest headline US GDP figure US corporate earnings are mixed, but Microsoft joins the US$1 trillion market cap club The UK Chancellor visits Beijing in the hope of winning more business and drumming up […]

Global Markets to 15 April 2019 Highlights The US corporate earnings season is underway, pushing the S&P 500 Index up to over 2900 for the first time since October. China’s latest economic data is better than the market was expecting, signalling a possible recovery. The outlook for global growth seems to be more positive again, […]

Global Markets to 08 April 2019 Highlights Global stock markets continue to rally on positive US job numbers and reduced concern over future US growth. In Europe, reports that German industrial production has rebounded faster than expected help European bourses. The UK requests a further delay to Brexit, while the President of the European Council […]

Global Markets to 01 April 2019 Highlights Global equities register solid first-quarter gains as central bankers ease monetary conditions and the two superpowers come closer to a trade deal. Wall Street benefits from positive sentiment and sees its best year start since 1998. Government bond yields decline on recession fears, creating both inverted and negative […]

Global Markets to 25 March 2019 Highlights Weak economic data affects the overall sentiment for global assets.   Wall Street suffers its worst day since January.   The inversion of US bond yields sparks fears of an imminent recession in the US.   Germany sees its 10-year government bond yield fall below zero.   Sterling […]

Global Markets to 18 March 2019 Highlights Global equity markets rally higher on Brexit news and mixed global economic data. On Wall Street, US stocks record their best week for more than three months. US-China trade talks continue, with promising progress. As the end of March approaches, it’s crunch time for the UK Prime Minister […]

Global Markets to 11 March 2019 Highlights Equity markets retreat from their recent highs amid fears over faltering global growth. Wall Street notched its worst week for 2019, following disappointing US jobs numbers. The European Central Bank cuts its eurozone growth forecast after disappointing data. China reports its steepest year-on-year decline in exports in three […]

Global Markets to 04 March 2019 Highlights Global stock markets register healthy gains for the first two months of 2019 which suggests that global investors have regained their appetite for risk assets. China’s leading stock market indices continue to rebound following reports of a pick-up in growth and news of an increase to Chinese weightings […]

Global Markets to 25 February 2019 Highlights Global stock markets continue to be buoyed up by optimism in relation to the trade talks and the likelihood of further positive dialogue among policymakers. Optimism regarding the latest US-China trade talks also helps Asian stock markets. European bourses enjoy a bullish week overall as trade talks and […]

Global Markets to 18 February 2019 Highlights Wall Street continues to rise, registering its eighth straight weekly gain and its longest winning streak since November 2017. In Europe, the euro weakens as European Central Bank officials begin to express concern over slowing eurozone growth prospects. Confusion reigns in Westminster as Prime Minister Theresa May suffers […]

Global Markets to 11 February 2019 Highlights Global equity markets begin to refocus on the US-China trade talks and the likelihood of the two global superpowers finding a meaningful solution. Following the S&P 500 Index recording its best January since 1987, the markets are now reacting to weaker economic data from the Eurozone and China. […]

Global Markets to 4 February 2019 Highlights Wall Street’s S&P 500 Index notches up its biggest January rise since 1987. The latest US payroll numbers surge in January, despite the government shutdown. While fourth-quarter US corporate earning numbers are generally positive, there are some mixed messages, particularly in the technology sector. The US bond market […]

Global Markets to 28 January 2019 Highlights Wall Street rises for the fifth week in a row as investors continue to buy US equities in the wake of the markets’ biggest recorded drop in December. President Trump backs down on the longest US government shut-down in history – although this may only be a temporary […]

Global Markets to 21 January 2019 Highlights Global equity markets continue to rally for the fourth week in a row. The current US-China trade talks give further grounds for optimism. Risk assets are buoyed by the latest US Industrial production numbers and China's recently-unveiled stimulus measures. In the UK, emotion continues to run high among […]

Global Markets to 14 January 2019 Highlights Global equity markets start the year in a positive mood as investor confidence returns. The United States and China hold important trade talks, and while we await details of them, early signs are positive. Recent core inflation data should give the US Federal Reserve Bank more time to […]

Global Markets to 07 January 2019 Highlights Global equity markets begin the New Year in a positive mood after the Christmas sell-off. US and Chinese officials commence trade talks, hopefully with a view to better relationships. Federal Reserve Bank chairman Jerome Powell soothes the financial markets with a sensitive message, asserting that there is no […]

Global Markets to 24 December 2018 Highlights Sentiment on the global equity markets remains fragile as the end of the year draws near. Continuing concerns over a slowdown in global growth, US monetary tightening and now President Trump’s face-off with Congress are unnerving investor sentiment. The Federal Reserve Bank votes unanimously to raise interest rates […]

Global Markets to 17 December 2018 Highlights Global equity markets are weaker following disappointing economic data and concerns about the future outlook for global economic growth. In the UK, Prime Minister Theresa May survives a vote of no confidence from her own MPs but now faces an uphill struggle to push through her Brexit deal […]

Global Markets to 10 December 2018 Highlights Global stocks remain turbulent throughout the week as markets experience a roller-coaster ride of mixed performances, anxiety and greater volatility. Concerns over a slowing global economy, damage from US-China tariffs and wealth destruction on the markets appear to be affecting US central bank opinions regarding further rate hikes. […]

Global Markets to 03 December 2018 Highlights Stock markets react after Federal Reserve Chairman Jerome Powell and Vice-Chairman Richard Clarida signal a change in the central banks’ stance regarding future monetary tightening. The price of US crude oil plunges 22% in November, recording its weakest month in over 10 years. US President Donald Trump and […]

Global Markets to 26 November 2018 Highlights Stock markets continue to suffer over fears about the overall strength of the global economy and uncertainty as to whether late-cycle events will finally lead to the end of the bull market. The price of crude oil hits a new low for 2018 as worries persist over oversupply […]

Global Markets to 19 November 2018 Highlights Brexit dominates the financial markets as the UK Prime Minister reaches a technical agreement with the European Union. But this comes at a cost: a number of ministerial resignations and fierce criticism of the deal weaken the Prime Minister’s hand and position as leader of the Conservative party. […]

Global Markets to 12 November 2018 Highlights Global stock markets continue to be buffeted by daily events and directional uncertainties. The US mid-term election results have created a divided Congress. But that is not unusual in US politics. These mid-term election results mean that it will be harder for the US president to push through […]

Global Markets to 05 November 2018 Highlights Global equity markets experience a mixed week, but generally the mood seems less frenzied. US technology stocks continue to be in focus, with Apple weighing heavily on the sector. Signs of a trade agreement between the US and China help sentiment on the emerging markets. Further positive US […]

Global Markets to 29 October 2018 Highlights Global equity markets resume their downward trend as negative sound bites take control. US technology stocks continue to lead the sell-off on mixed corporate earnings numbers and future guidance. Indecision over Italy’s proposed 2019 budget, Brexit and deteriorating relations between Saudi Arabia and the rest of the world […]

Global Markets to 22 October 2018 Highlights Global equity markets continue to struggle against a backdrop of negative sentiment. While the US economic outlook remains strong, China’s economic backdrop looks rather challenging as more and more trade tariffs are imposed. However, the latest batch of US and Chinese corporate earnings figures looks encouraging. Bond market […]

Global Markets to 15 October 2018 Highlights Global equity markets struggle as a combination of rising US bond yields and interest rates and a looming trade war spooks global investors. The US benchmark 10-year Treasury bond yield reaches a seven-year high of 3.26% before dropping back to 3.14%. Wall Street finally wobbles with the Dow […]

Global Markets to 08 October 2018 Highlights Global equity markets experience a difficult week led by falls on Wall Street. The US benchmark 10-year Treasury bond yield hits a new seven-year high. On the FX markets, the dollar loses some of its shine as employment figures are better than expected. Given recent data, the Federal […]

Global Markets to 01 October 2018 Highlights Global equity markets have another good week as the third quarter ends. Developed markets outperform developing markets over the period. There has been a noticeable recovery across all global sectors. The Fed’s monetary tightening policy has begun to affect sentiment on the bond markets. The price of Brent […]

Global Markets to 24th September 2018 Highlights Global equities end the week on a positive note as US-China trade war tensions ease. The Dow Jones Industrial and S&P 500 indices hit new record highs. In Europe, the Euro Stoxx 50 Index closed higher than the previous day for 10 days in a row. The Emerging […]