In global terms July was a positive month for equities with the MSCI World index gaining 1.14%, taking gains in the year to 30th July to 13.14%.However, Chinese equity markets saw significant volatility in July. The cause was that Chinese authorities intervened within the private education sector in China, stating that these companies would have […]
Global economic recovery is underway following the pandemic and the major economies are starting to re-open and ease restrictions. Inflation is rising as demand for resources, goods and services increases. It is therefore possible that the major central banks might have to increase interest rates to prevent inflation getting too high and economies “overheating”. Global […]
Global equity markets had another strong month in April with the MSCI World index up 4.3% in Sterling terms. 44% of the US population have now received at least one dose of a COVID-19 vaccine. The service economy is re-opening and the US economy grew at an annualised rate of 6.4% in the first quarter, […]
Global equities have made gains between the beginning of 2021 and 12th March, despite some pullbacks with markets reacting to any adverse coronavirus developments, economic data and increases in bond yields. In Sterling terms, during this period the MSCI World index is up 2.93% and the FTSE 100 is up 5.51%. The data reflects the strong […]
2020 was a memorable year for investors. We saw the fastest global equity market fall in history of 20% or more, with the MSCI World index falling 23% between 20 February 2020 and 3 March 2020 and the FTSE 100 down 27% in the same time period. Swift action from governments and central banks worldwide […]
Global equities declined in October with the MSCI World index losing -3.08%. The US presidential election, Brexit uncertainties and rising Covid-19 cases in many countries, notably across Europe and the UK, were the main drivers of negativity. However, equity markets reacted very positively to the breakthrough COVID–19 vaccine announced this week by Pfizer, and the MSCI […]
Global equities made gains in the third quarter and the MSCI World index was up 3.15%. This recovery was underpinned by decisive action from governments and central banks to provide extensive fiscal and monetary support in a bid to cushion economies from the impact of restrictions to control the spread of COVID-19. This global index […]
July was a mixed month for equity markets with many developed world indices dropping towards the end of the month as news broke of increases in coronavirus cases in a number of Western countries. This development could slow the easing of social and economic restrictions and therefore hamper economic recovery. We are keeping a close […]
The prompt action from governments and central banks to provide large scale fiscal and monetary support and the decline in coronavirus case numbers in many major economies assisted a global equity market rebound in April. The MSCI World index was up 9.07% in Sterling terms over the month, paring losses in the year-to-date to -8.03%. […]