“One of the few notable falls in markets in May came in oil, down 7%, taking it back to close to its level at the beginning of the year”
![](https://www.bis.hk/wp-content/uploads/2023/08/21082023-446-x-298-375x260.jpg)
Monthly viewpoint – April 2024
“we are seeking opportunities to add to risk assets if equity markets continue their period of consolidation seen in April”
![](https://www.bis.hk/wp-content/uploads/2024/06/Untitled-1-375x260.jpg)
Monthly viewpoint – March 2024
“the most compelling markets remain the UK and Japan which trade at a discount to global peers and offer healthy dividends”
![](https://www.bis.hk/wp-content/uploads/2024/03/Feb-image-375x260.jpg)
Monthly viewpoint – February 2024
“equities have been boosted by the
strength of tech and growth stocks,
especially those benefitting from the AI boom”
![](https://www.bis.hk/wp-content/uploads/2024/02/A9ooy1oh_1i7acv_cr8-375x260.jpg)
Monthly viewpoint – January 2024
“A disconnect is building between the market’s expectations for the pace and extent of cuts and the resilience of the economy. We therefore expect a period of consolidation ahead”
![](https://www.bis.hk/wp-content/uploads/2022/10/031022-website-446-x-298-375x260.jpg)
Monthly viewpoint – November 2023
The only notably weak market was oil. The initial surge in price following the Hamas attack on Israel has unwound as fears of a wider Middle East conflict have dissipated
![](https://www.bis.hk/wp-content/uploads/2023/12/download-1-1.jpg)
Monthly viewpoint – August 2023
Oil prices rose a further 1.5% in August, taking its rise over the past three months to 20%
![](https://www.bis.hk/wp-content/uploads/2023/12/download-2.jpg)
Monthly viewpoint – July 2023
Arguably the biggest upside surprises came in the UK, where growth in recent
months has been broadly flat, confounding virtually all the official forecasts of an extended recession