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Market Commentary June 2022

Market Commentary June 2022

Introduction The war in Ukraine, worries about food supplies, worries about the global economy… May was another month where all the themes we have become used to were to the fore. Despite this, it was a reasonable month for the stock markets we report on in the Bulletin. China led the way with a gain …

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Market Commentary May 2022

Market Commentary May 2022

Introduction April was not a good month for world stock markets. We report on a dozen major markets in the Bulletin: they were all down in the month, with the honorable exception of the UK’s FTSE-100 index, which managed a gain of just 29 points. Why was it such a poor month? The war in …

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Financial Commentary April 2022

Market Commentary April 2022

Introduction Once again, the market commentary for our clients is dominated by events in Ukraine. As in March, we have included a special section on Ukraine and – as before – we must stress that ‘at the time of writing’ very much applies to the comments. This month’s market commentary was written on Friday April …

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Market Commentary March 2022

Market Commentary March 2022

Introduction Not the election of Donald Trump, not the US/China trade dispute. Not even Brexit. In all the time we have been writing this Monthly Bulletin, no single issue has so completely dominated a month’s news – or threatened to have such serious consequences – as the outbreak of Coronavirus in China. That was how …

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Financial Market February 2022

Market Commentary February 2022

Introduction January’s headlines were dominated not only by reports of lockdown parties in Downing Street, but also by growing tension on Ukraine’s border. Russian President Vladimir Putin massed his tanks on the border, with the Chair of the Commons Defence Committee saying that an invasion was “imminent and inevitable”, and a top Polish official said …

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