Economic Commentary – Aug 2019

August 6th, 2019, by Chris Davis

Hot in the City Reflecting the uncertainty in the global economy and markets, the UK’s weather provided great volatility this month, with Cambridge recording the highest ever temperature in the UK at 38.7C and Cheshire receiving more than twice the… Read More…

Market Monitor – July 2019

August 1st, 2019, by Chris Davis

The increased expectation of a synchronised global loosening of monetary policy helped drive market sentiment in July. However slowing global growth, weakening trade and manufacturing data, benign inflation and protectionist government policies continue to overhang markets. After increasing the federal… Read More…

Economic Commentary – July 2019

July 9th, 2019, by Chris Davis

Starting All Over Again In Osaka, Japan the G20 (an international forum of government leaders, central banks and international organisations, accounting for at least 75% of world trade) met at the end of June to discuss amongst other things the… Read More…

Market Monitor – June 2019

July 4th, 2019, by Chris Davis

June saw equity and bond markets rise. Markets continued to focus on global trade and tariffs in June and were buoyed by the accommodative language of the global Central Banks and by a resumption of talks between US and China.… Read More…

Economic Commentary – June 2019

June 18th, 2019, by Chris Davis

(Trade) War, what is it good for? After fearing a global recession in the final quarter of 2018, following a raft of weakening economic data, optimism returned to markets in the first 4 months of 2019, as Central Banks eased… Read More…

Market Monitor – May 2019

June 5th, 2019, by Chris Davis

Trade fears and global tariffs were the focus of global markets attention in May with the realisation that a US-China trade resolution was not imminent and could escalate further. Accompanying global concern of trade, UK markets continue to contend with… Read More…

Economic Commentary – May 2019

May 14th, 2019, by Martyn Torevell

Slowdown, what slowdown? Global equity markets and other risk assets continued to rise during April as fears of slowing global trade, protectionist policies and lacklustre inflation have been brushed aside by relatively positive economic and corporate data. All major global… Read More…

Market Monitor – April 2019

May 9th, 2019, by Chris Davis

Equity markets across the world have continued to provide investors with an excellent start to the year. The MSCI World returned 3.5% during the month resulting in a year-to-date return of 13.8%. It is a different story however for UK… Read More…

Economic Commentary – April 2019

April 26th, 2019, by Martyn Torevell

Global Central Banks – Goldilocks or a Grimm Tale The first quarter of 2019 has seen investment markets respond to the abrupt change in stance from the US Federal Reserve at the end of last year. In December the Federal… Read More…

Market Monitor – March 2019

April 9th, 2019, by Richard O'Sullivan

Major global equity markets edged higher during March and coupled with slight weakness in Sterling delivered a return of between 2.5% and 4.0% in the month . Of the indices we track only the MSCI Emerging Markets and MSCI Japan… Read More…

Economic Commentary – March 2019

March 21st, 2019, by Martyn Torevell

A positive start to the year After the sharp falls in the final quarter of 2018 global equity markets have rebounded strongly since the start of the year. At the end of February the US S&P 500 index was up… Read More…

Market Monitor – February 2019

March 5th, 2019, by Richard O'Sullivan

The majority of global equity markets continued their positive start to the year by posting gains in local terms although, due to Sterling strengthening against a broad basket of currencies, returns for UK investors were more muted. Of the major… Read More…

Market Monitor – January 2019

February 4th, 2019, by Richard O'Sullivan

Following a torrid final quarter to 2018, the majority of global equity markets posted positive returns in January due to a rally stretching back to 27 December. Despite concerns over Brexit, Sterling strengthened against the Dollar, Euro and Yen in… Read More…

Market Monitor – December 2018

January 9th, 2019, by Richard O'Sullivan

December proved to be a difficult month with all of the major regional indices we track falling in local terms. Markets in the US and Japan in particular struggled with the FTSE100 being slightly more resilient on a relative basis.… Read More…

Economic Commentary – 2018 Review

January 4th, 2019, by Martyn Torevell

2018 was a difficult year for investors with falls in all major stock markets and many other asset classes. Cash was amongst the best performing asset classes for US investors, and the same would have been true in the UK… Read More…