Financial Markets Overview - June, 2024
Global equities rose by approximately 3% in June 2024
Global equities rose by approximately 3% in June 2024
May saw positive returns in both equities and fixed income. Investor optimism about the economic outlook boosted risk assets
Strong US inflation data, coupled with a seemingly weak but resilient private demand indicated by the first quarter US GDP
Leading central banks in the West are gearing up to reduce policy rates in the coming summer
Stock markets had a notably positive February, with robust economic indicators and solid corporate earnings
In January, the performance of stock markets varied, with shares in developed markets increasing in value
Global stock markets continued their upward trajectory from November, rising 3% in Euro terms
Growth stocks fared better than value stocks, while commodities dipped due to lower energy prices.