Investment Markets in August 2018

  • Global equity markets recorded a mixed performance in August as European markets fell sharply while US stocks reached an all-time high as the US and Mexico agreed to revise the North American Free Trade Agreement.
  • In currency markets, Sterling fell 0.5% against the Euro as British and EU officials gave mixed messages on reaching an agreement ahead of the EU summit on 18th October.
  • Bonds were slightly weaker as the Federal Reserve Chairman signalled the Fed’s intent to continue raising interest rate at a gradual pace, while oil ended the month flat.

 

Click here to download our Investment Markets Update for August 2018.