MARKET UPDATE – SEPTEMBER 2026

MARKET UPDATE – SEPTEMBER 2026

Three central banks are now converging on the same question at the same time. Markets close the week near record highs, but the calm sits on top of an oil shock, a stubborn inflation print and a Federal Reserve that is debating a rate increase rather than a cut....
MARKET UPDATE – APRIL 2025

MARKET UPDATE – APRIL 2025

TARIFF TENSIONS AND GLOBAL INVESTMENT SHIFTS It was a tumultuous first quarter for global markets and investors. President Trump signed a stream of executive orders that signalled that the US was moving into a vastly different political, economic, and administrative...
MARKET UPDATE – MARCH 2025

MARKET UPDATE – MARCH 2025

US AND JAPANESE EQUITIES STRUGGLE WHILE EUROPEAN SHARES RISE “THE US EQUITY MARKETS HAVE NOW SHED THEIR POST-ELECTION GAINS.” Europe and the UK outperformed in February, with the MSCI Europe (ex UK) index rising by 3.7% and the FTSE All Share index by 1.3%. China’s...
MARKET UPDATE – MARCH 2025

MARKET UPDATE – FEBRUARY 2025

FURTHER GAINS FOR GLOBAL MARKETS WITH EUROPE LEADING THE WAY Stock markets experienced solid gains in January, despite late-month volatility. The Dow Jones Industrial Average rose by 4.7%, the S&P 500 advanced by 2.8%, and the Nasdaq Composite gained 1.6%....
MARKET UPDATE – JANUARY 2025

MARKET UPDATE – JANUARY 2025

WEAK END TO YEAR OF US LARGE-CAP EQUITY DOMINANCE “BITCOIN MORE THAN DOUBLED, WHILE GOLD SHONE AS A SAFE HAVEN, RECORDING ITS STRONGEST ANNUAL GAIN SINCE 2010” 2024 delivered another impressive year for asset returns, buoyed by stronger than expected economic growth...