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2019 Annual Review

Major indices saw a significantly better return this year after a dismal 2018. The S&P 500 index delivered a gain of more than 28%, it’s best annual performance since 2013 and up 10% from its 2018 peak level.  The Nasdaq 100 did even better climbing 35% finishing just below 9,000

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December 2019 Market Update

Global equities rallied with growing optimism over a US-China trade deal and better economic data helping to fuel the move up. Data has shown that stocks have risen 78.1% of the time in December since 1987 with an average rise of 1.7%. US equities led gains to post one of

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November 2019 Market Update

Global equities were broadly higher in November. US markets rose on progress for a preliminary US-China trade deal and better economic data. More than 70% of companies reported better than expected earnings, contributing to the Dow Jones index gain 3.6%, closing above 28,000. German economic data was particularly strong with

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October 2019 Market Update

Risk appetite picked up in October where US-China negotiations saw both sides agree the outline of a potential trade deal. Moves to impeach US President Trump however continued to add to market uncertainty along with mixed unemployment and consumer confidence data. The FED lowered interest rates again, now standing at

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September 2019 Market Update

Global equities traded higher for September. There was progress in US-China trade negotiations and central banks continued to support the market against the uncertain economic growth outlook. The Dow Jones index gained 2.9% closing just below the 27,000 mark. The FTSE 100 added 2.8% closing just above 7,400 and the

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August 2019 Market Update

Global equities declined in August as economic growth fears surfaced once again. US shares fell amid growth worries, economic recession was questioned and new tariffs were announced from President Trump. The prospect of a no-deal Brexit rose within government. Commodity and financial sectors led the falls and weak GDP figures

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July 2019 Market Update

Global equities experienced mixed performance where US markets saw a slim gain aided by the FED cutting interest rates by 25 basis points. Boris Johnson became the new president in the UK and sterling fell sharply as a result of increased Brexit uncertainty which contributed to a rally in the

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June 2019 Market Update

June proved to be a strong month for the global markets, with the German DAX narrowly leading posting a gain of 8.2%. The Dow Jones index added an impressive 7.9% and the FTSE 100 put on 3.7%. All moves recovered more than the previous months losses. The US S&P 500

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May 2019 Market Update

Global stocks fell as trade tensions ratched up and nervousness over global growth spread. Financials and mining proved weakest in the UK, with the FTSE 100 losing -3.4%. Industrials in the Eurozone were hit hardest with the German DAX losing -5.6%. Energy and technology were the weakest in the US,

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April 2019 Market Update

Stocks continued to rise amid encouraging economic data and dovishness from major central banks. Strong US earnings and Eurozone financials showed particular strength. UK indices underperformed the Eurozone due to the lagging heavyweight mining sector. The Dow Jones index rose 2.1%. The FTSE 100 added 1.9%. The German DAX managed

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