July market update – more positive momentum

July market update – more positive momentum

Published: 08 Aug 2019 Updated: 13 Jun 2022

In this edition

  • In local currency terms, UK equities were amongst the strongest performers over the month, supported by positive company results and sterling weakness
  • US equities were also positive in July despite a strong month for the US dollar, while Asian and Emerging Market equities lagged
  • Fixed income markets also continued their positive momentum in July linked to the more dovish outlook from global Central banks
  • In commodity markets, precious metals continued to outperform as a defensive asset class amidst global growth fears, disinflationary pressures and ongoing trade tensions

Read the market commentary

We hope you have found this update helpful. Please do get in touch on 020 7189 2400 if you have any queries or would like more information.


This article was previously published on Tilney prior to the launch of Evelyn Partners.