April Market Commentary

Introduction To say that March was a busy month is an understatement.  Russia went to the polls to elect a new President and, in the least surprising result of the year, Vladimir Putin won another six year term. With the Chinese Communist Party removing the rules limiting Xi Jinping to two terms in office, two…

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October Market Commentary

Well, we’re still here. Despite the seemingly best efforts of the leaders of the United States and North Korea – the world is still turning. But September was a month of ‘another day, another North Korean rocket flying over Japan’ and it ended with Kim Jong-un threatening to explode a nuclear bomb over the Pacific.…

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Market Commentary for October

Market Commentary for October
The first week of October saw the world’s major stock bounce back a little from their recent lows, with Germany and China leading the way with gains of 12% and 11% respectively. However, this upward momentum was short-lived. The worries about the slowdown in China continue, coupled with a dramatic downturn in US economic activity.  
The International Monetary Fund downgraded its forecast for global economic growth for this year from a predicted 3.3% in July to 3.1%.  The 2016 forecast also fell from 3.8% to 3.6% highlighting concerns about future stability. 

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