The anticipation of President-elect Donald Trump’s policy implementations, particularly regarding tariffs and trade relations, has introduced uncertainty and potential volatility in global markets, prompting regions worldwide to prepare for economic adjustments.
13 Jan 2025
Rise in UK gilt yields – a canary in the Bank of England mine
Global financial markets were rocked by a significant bond market selloff, with rising yields across major economies (US, EU, UK, Japan, and others), fuelled by inflation fears, concerns over US trade policies under the incoming Trump administration, and shifting investor sentiment. This trend highlighted growing caution among investors, affecting equity markets, currencies, and future economic projections globally.
16 Dec 2024
Can US equity valuations be justified
Global financial markets navigated mixed signals from central banks, with US and European policymakers leaning towards rate cuts while Japan maintained its dovish stance. Inflation trends, regulatory challenges in tech, and commodity price dynamics shaped the week’s movements.
9 Dec 2024
Land of the rising bond yields
The global financial landscape during this period was shaped by central bank policies and economic resilience in the US, contrasted with challenges in Europe, China, and Japan. Inflationary pressures and mixed growth signals continued to influence market behaviour globally.
4 Dec 2024
Monthly viewpoint – December 2024
For the second year in a row, global equities are on course for double-digit gains, far out-pacing returns from bond markets. So far this year,
2 Dec 2024
Inflation kills US administrations
The global economic outlook remains cautious, with inflation concerns persistently challenging growth prospects. Central banks, including the Fed and ECB, are adopting gradual approaches to policy normalisation, while geopolitical risks weigh on market sentiment.
25 Nov 2024
Glittering prize
Financial markets globally showed cautious movements, influenced by US political shifts, central bank policies, and persistent global economic uncertainties. Protectionist policies and interest rate signals were pivotal drivers of sentiment.
18 Nov 2024
The price of patience
Global markets were shaped by the US election and Federal Reserve rate cut, fostering initial optimism but ending the week on a volatile note as inflation concerns, and mixed economic data weighed on sentiment.
11 Nov 2024
Stars, stripes & spikes
This week highlighted cautious optimism across global markets, driven by the US Presidential election, corporate earnings, economic data, and central bank policies.
8 Nov 2024
Monthly viewpoint – October 2024
“The immediate market reaction following the election result was much more muted than 8 years ago, with moves mostly continuing the pattern of recent trading but volatility subdued”
