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International Market Commentary: February 2014

February saw equity markets largely recover the losses experienced in January, when markets suffered their worst reversal since the volatile May to June period of last year as a result…

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International Market Commentary: January 2014

January saw equity markets suffer their worst reversal since the market volatility in May and June of last year, caused by the US Federal Reserve’s indications of tapering quantitative easing. …

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International Market Commentary: December 2013

December saw a continuation of the equity market rally that initiated in November 2012 and made 2013 the best performing year since 2009 for most developed markets, as well as…

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International Market Commentary: November 2013

November saw a continuation of the recent rally that started after the Federal Reserve hinted at delayed tapering of its quantitative easing programme.  Japan and the US led the gains…

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International Market Commentary: October 2013

October saw a significant rally in most major markets, helped by a compromise on the US federal budget and by a continuation of the upswing from September after the Federal…

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International Market Commentary: September 2013

September saw a significant rally in most major markets, with many surpassing their previous highs back in May or July.  The OECD revised upwards its H2 2013 growth forecasts for…

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International Market Commentary: August 2013

August initially saw an extension of the prior month’s gains made in developed market equities, with the S&P 500 index in the US hitting an all-time high, while the tech-heavy…

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International Market Commentary: July 2013

July saw a significant rise in equity markets, which more than recovered the sharp losses seen in late May and June.  Central banks eased investor concerns by reaffirming their commitment to low interest…

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International Market Commentary: June 2013

Summary As mentioned in last month’s commentary, markets were overextended after the prolonged rally in the past few months, so the correction in June was overdue.  It is poignant to note…

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International Market Commentary: May 2013

May started off with a bang, with several developed market indices such as the S&P 500 in the US and the FTSE 100 in the UK reaching all-time highs while…

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