Quarterly market round-up
Flash Stats - Q2 2019
04 Jul 2019
In our regular market round-up, we take a look at what's happened in Q2 2019.
Sovereign bond yields slipped amid slowing global growth, muted inflation, and escalating trade tensions. Nevertheless, increasing expectations of looser monetary policy have supported equity and credit markets.
Some of the changes in Q2 2019 include:
- While realised US GDP growth remains resilient, Q2 data suggests a large share of Q1’s growth was spurred by inventory building amid trade uncertainty.
- Global credit markets largely ignored the escalation in US-China trade tensions and the potential negative implications for growth as spreads continued to narrow over the quarter.
- Sterling depreciated against major developed currencies over the quarter amid heightened political uncertainty.
- The equity market momentum of the first quarter of 2019 continued in April before global Equity markets gave back some of these gains in May, as the US raised existing tariffs on China and threatened to expand their coverage.
Download our update of all key market trends and statistics over the quarter to find out more.