Skip to main content
This website uses cookies. Read more. Okay
29 Jan 2018

MARKETS IN A NUTSHELL

We summarise the market movements for the latest quarter.

WORLD

EQUITIES

Global equity markets advanced, posting stellar results for the year – emerging markets (+37.8%) outperformed developed markets (+22.4%)

BONDS

The US 10-year treasury yield rose, but traded at levels too low for this stage of an economic expansion – the spread between short and long dated yields has narrowed abnormally given growth prospects and interest and inflation rate expectations

CURRENCIES

The US dollar resumed its weakening trajectory of the first half of the year – after a brief rebound early in the quarter

COMMODITIES

Hard commodity prices, barometers of global growth, rose, with iron ore, copper and oil price gains underpinning robust global demand – precious metals prices gained on modest US dollar weakness

ECONOMY   

World growth accelerated, led by the US which recorded Q3 2017 GDP growth of 3% – the Eurozone continued to grow from a low base and China’s expansion accelerated as fixed capital formation was boosted

MONETARY AND FISCAL POLICY

Developed market monetary policy expansion stabilised as the Fed raised interest rates and the BoE reversed the emergency Brexit cut in response to rising inflation – while the ECB has indicated it could soon start tapering financial asset purchases

 

Insights

08 May 2020

Stretched businesses unlikely to survive COVID-19 without government aid

The Asset spoke with Singapore-based Brian Arcese, portfolio manager at Foord Asset Management to get his outlook and insights into investing in global equities in the current climate.

Read more

09 Apr 2020

THE PIN THAT POPPED THE BUBBLE

Global equity markets delivered the best calendar-year return of the decade in 2019. Many markets were at or near all-time highs. In this podcast, Nick Curtin talks to Foord Singapore portfolio manager Brian Arcese…

Listen now
newsletter subscription