Market Commentary: June 2021

Market Commentary: June 2021   Global Market Themes: Solid month for Developed Market (DM) equities as Covid-19 restrictions ease US stocks shine, supported by favourable economic data Widening gap between vaccine roll-out in DM and Emerging Markets (EM) takes its...

China Market Commentary: June 2021

China Market Commentary: June 2021   Here are this month’s highlights: The MSCI China and MSCI China A Onshore indices were down 6.9% and 2.2%, respectively. On the macro front, the Chinese Yuan appreciated strongly in May to a three-year high against the US dollar....

Market Commentary: May 2021

Market Commentary: May 2021   Global Market Themes: Improved COVID-19 numbers boost global growth prospects US equities post solid performance, while UK and European stocks outperform Emerging markets outperform developed peers for the first time since January 2021...

China Market Commentary: May 2021

China Market Commentary: May 2021   Here are this month’s highlights: In April, amid a global equity rebound, US markets reached record highs on the back of dovish signals from the Fed and optimism over economies reopening thanks to the COVID-19 vaccine rollout in the...

Market Commentary: April 2021

Market Commentary: April 2021   Global Market Themes: Global equity rally continues, as vaccine rollout gathers momentum Biden’s climate policy lauded as a step in the right direction Eurozone enters technical recession in first quarter of 2021 India’s surging...

Market Commentary: March 2021

Market Commentary: March 2021   Global Market Themes: Global equities higher on vaccine hopes Biden’s stimulus bill and infrastructure plan steady markets, despite rising Treasury-bill yields Federal Reserve Bank foresees no rate hikes until 2023 Additional lockdown...

China Market Commentary: March 2021

China Market Commentary: March 2021   Here are this month’s highlights: Chinese equities started February strong but dropped towards the end of the month Investor sentiment dampened by Hong Kong government’s move to increase equity trading stamp duty Southbound...