Global equities gained heavily with dovish messaging from the Federal Reserve and optimism that US-China trade relations could improve. UK markets bounced back but lagged global equities as a result of sterling strength. The FTSE 100 rose 3.6% while the Dow Jones moved higher by 8.5% almost recovering the full

Global markets posted sharp declines in Q4 due to concerns over global trade and slowing economic growth. US equities declined especially heavily in December and European markets suffered losses with pressure from trade tariffs, slower Chinese growth and Brexit. The S&P 500 declined by -13.5% for 2018 with the FTSE