Tag: Market Updates

October Monthly Commentary

October Monthly Commentary

Risk assets ended October on the back foot, weighed down by news of renewed nationwide COVID-19 lockdowns across Europe and pre-US election jitters. Equity benchmarks in the developed world fell, led by weakness in Europe and the UK, however, emerging market stocks ended the month higher. US Treasuries and corporate […]

September Monthly Commentary

September Monthly Commentary

After five months of consecutive gains, the recovery in financial markets stalled in September. Initially profit taking in the technology sector led the market lower, but weakness spilled over across global risk markets as investors reflected on a list of growing concerns. The fiscal stimulus impasse in Washington, rising COVID-19 […]

Tree over spiral staircase at Fort Canning Park, Singapore

Q3 2020 Macro Outlook – Where Now For The Global Economy?

Financial markets have rallied since April, with investors growing more confident that economies will turn around quickly from the fallout caused by the pandemic. Their optimism has increased in recent weeks as various countries have started to ease lock-down restrictions and tentative signs of stabilisation have emerged. Daily activity trackers […]

Note from the CIO 17th June

Note from the CIO 17th June

Financial markets have rallied since April, with investors growing confident that economies will turn around quickly from the fallout from the pandemic. Their optimism has grown stronger in recent weeks as various countries have started to ease lockdown restrictions and tentative signs of stabilisation have emerged. Daily activity trackers from […]

Note from the CIO 27th May

Note from the CIO 27th May

The first real pandemic in 100 years, the bursting of a credit and asset bubble that everyone believed in, and the incredible speed of the reversal has left many people bewildered, confused and grasping at straws. It is natural for human nature to look for hopeful outcomes at a time […]

Note from the CIO 17th May

Note from the CIO 17th May

Financial markets have rallied since April, with investors growing confident that economies will turn around quickly from the fallout from the pandemic. Their optimism has grown stronger in recent weeks as various countries have started to ease lockdown restrictions and tentative signs of stabilisation have emerged. Daily activity trackers from […]

Note from the CIO 27th April

Note from the CIO 27th April

Since the last time I wrote, financial markets seem to have returned to a calmer state, certainly when compared to the moves in March. Having said this, there is nothing calm about what is going on: We now have confirmation that we are facing the greatest economic contraction since the […]

Q2 2020 Macro Outlook – From Growth, to Unprecedented Global Contraction, to Recovery

Q2 2020 Macro Outlook – From Growth, to Unprecedented Global Contraction, to Recovery

The nature of the economic shock experienced in recent weeks is unparalleled, with governments driving economies into recession in order to deal with a public health emergency. The impact on markets has been equally severe and despite some more recent relief for asset prices, a great deal of uncertainty remains, […]