Global equity markets experienced a sharp sell-off in March, as the coronavirus pandemic and fears over its economic impact spread across the world.
In this edition
- There were broad losses across regions and asset classes, with commodity markets notably weaker, as a Saudi-Russia price war sent oil prices to their lowest levels since 2002
- The traditionally more defensive asset classes, such as gold and core government bonds, outperformed as yields fell to historic lows
- In currency markets, the Japanese yen and US dollar were also notably strong over the month
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Disclaimer
This article was previously published on Tilney prior to the launch of Evelyn Partners.