This monthly commentary gives a round-up of global markets and trends.
In this edition:
- Global stock markets have rallied on hopes that central banks have raised interest rates sufficiently to tame inflation
- China’s reopening and better economic data from the US have reduced the odds of a global recession
- Investors are increasingly optimistic, taking money out of cash deposits and putting it to work in riskier assets
- Risks remain, with higher interest rates and geopolitical tensions likely to create uncertainty in the months ahead
The value of an investment may go down as well as up and you may get back less than you originally invested.