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Our monthly market update.

July 2020

July 2020 Latest

It was a historic quarter for financial markets. Coming into the quarter, markets had just begun to rebound after the outbreak of COVID-19 and subsequent government mandated lockdowns...


June 2020

Developed market economies, which came to a sudden stop during the pandemic lockdown period of March and April, entered the recovery phase in May.


May 2020

Early April was marked by a rally in equities and lower market volatility as COVID-19 infection rates peaked. Inspired primarily by the possibility of resumed economic activity, investors drove the MSCI All Country World Index 10.6% higher in April.


April 2020

At the start of 2020, the macroeconomic environment looked primed for a modest acceleration. Private sector business sentiment had improved and developed economies’ labour markets were proving resilient.


March 2020

For the second consecutive month, fears over the impact of the spreading coronavirus drove market performance in February. The month began with positive news.


February 2020

In January, markets reflected two competing factors. On the one hand, the coronavirus threatened not only the timing, but potentially the trajectory of a global growth recovery during 2020.