Market Commentary

August 2018

 

Global Equity Markets
Global markets improved in July. Technology stocks in the US took a beating, risks from emerging markets abated while US Treasury yields rose on the back of concerns that global central banks were leaning increasingly less accommodative. Though the emerging markets gained and reversed months of losses, the index still underperformed. Doubts of a sustained recovery were compounded by uncertainties from trade tensions and fears associated with central bank tightening.

Asia Pacific Equity Markets
Asia Pacific equities underperformed the global markets in July with the region’s sensitivity from the ebb and flow of trade rhetoric from the Trump administration. Japan underperformed while Australia outperformed. Risks from emerging markets abated while US Treasury yields rose on the back of concerns that global central banks were leaning increasingly less accommodative.

Asia (excluding Japan) Equity Markets
Asia ex-Japan equities underperformed the global markets in July investors caught shifts from the ebb and flow of trade rhetoric from the Trump administration. Risks from emerging markets abated while US Treasury yields rose on the back of concerns that global central banks were leaning increasingly less accommodative.

 

July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018

 

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