June market update – global equity markets rebounded

Global equity markets rebounded strongly in June to end the second quarter in positive territory overall. Boosted by a more dovish outlook from the US Federal Reserve and market expectations of interest rate cuts, US equities rose to record highs in the month as the US dollar weakened.

The value of investments can fall as well as rise and that you may not get back the amount you originally invested.

Nothing in these briefings is intended to constitute advice or a recommendation and you should not take any investment decision based on their content.

Any opinions expressed may change or have already changed.

Written by Chris Godding

Published on 09 Jul 20191 minute read

What else happened?

There were positive returns in Europe as the European Central Bank hinted at further stimulus, while Asian and Emerging market equities largely recovered May’s losses
The more dovish sentiment from global Central banks also led sovereign bond yields to multi-year lows during the month, while gold prices rose to six-year highs
In commodity markets June was a positive month for energy prices, as tensions between Iran and the US escalated and the latest inventory data highlighted lower stockpiles

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.