, last updated - Market Update

May 2019 Market Update By Nexus Global

Our May 2019 market update has been written by Jordan Buchanan using data supplied by Quilter Cheviot, and from publicly available data sourced from Bloomberg.com.

General Market Summary in April

Global equity markets rose for the fourth consecutive month in April, as the S7P 500 recorded a new high for the first time since last September. At a regional level US and European equities were the best performers, while Japan and Emerging markets delivered more modest returns. At a sector level financials and technology stocks led the gains over the course of the month. Bond markets, meanwhile, took a step back after a strong first-quarter performance, and the US dollar appreciated against most major currencies.

Global Growth

Global growth in the first quarter appears to have slowed to around 3.2% from a peak of 4% this time last year. Although weaker GDP and trade growth are broad based, the outlook for individual economies is becoming more disparate. Globally, manufacturing PMIs in Japan, France, Germany and the eurozone were mostly subdued, but could experience a lift in the coming months given optimistic industrial production, retail sales and fixed asset investment data from China last month. Meanwhile US Q1 GDP surprised on the upside, growing at an annualised quarterly rate of 3.2%. Overall investors welcomed the confirmation that growth is not stalling.

Market Update Video

Speak to us today to discuss your situation with one of our Financial Advisers at Harrison Brook.

The information contained herein is for informational purposes only which is subject to change and should not be relied upon. You should seek advice from a professional adviser before embarking on any financial planning activity.

Related Posts

Posted by Ryan Frost | Jul 08, 2019

July 2019 Market Update By Nexus Global

Posted by Ryan Frost | Jun 12, 2019

June 2019 Market Update By Nexus Global

One of our expert financial advisers will aim to get back to you within 12-24 hours.

x