Market Commentary

November 2019

 

Global Equity Markets
Global stocks rose as investors remained optimistic on the progress over US-China trade deals while central banks including the US Federal Reserve (Fed) continued slashed interest rates for the third time to bolster flagging growth. Prospects of stronger global growth and trade with the outline of a trade truce lifted equity markets. Macro data on China showed some signs of stabilisation while uncertainty continued in the US over moves to impeach US President Trump.

Asia Pacific Equity Markets
The Asia Pacific index outperformed the global benchmark as sentiment recovered. Investors’ renewed hopes for a long-term trade deal between the US-China as signs of a truce emerged and the European Union agreed to a Brexit deadline. Toward the end of the month, markets awaited the US Federal Reserve (Fed) decision on whether to cut interest rates.

Asia (excluding Japan) Equity Markets
Asia ex-Japan outperformed the global benchmark as sentiment recovered. Investors renewed hopes for a long-term trade deal between the US-China as signs of a truce emerged and the European Union agreed to a Brexit deadline. Toward the end of the month, markets awaited the US Federal Reserve (Fed) decision on whether to cut interest rates.

 

November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019

The advertisements on this page have not been reviewed by the Monetary Authority of Singapore.

 

Invest in your mind. Receive our curated insights in your inbox.

Subscribe

Please read the Disclaimer.