Key Global Trends – equities retreat The coronavirus-led ‘risk-off’ trade that started to build in late January continued into February and the early weeks of March. Global equities have reversed their uptrend seen through most of 2019, while the downtrend in bond yields and uptrend in...
Key points While reported new coronavirus cases in China have slowed, the pickup in cases outside China has led to a renewed sharp fall in share markets and bond yields. Our base case is that the outbreak will be contained allowing share markets and bond...
Global Market Outlook: Continued slow growth Trade fears took a bit of a back seat over the past week allowing investors to focus on positive underlying fundamentals including good US earnings results, which saw most major share market rise. This included the Australian share market which is...