Is the summer squall over?
Monthly highlights, August 2024
Global markets were rattled earlier this month after a report showed US hiring slowed in July and the Bank of Japan unexpectedly raised interest rates. Investors were already slightly on edge, as the situation in the Middle East remains precarious and some companies have been striking a more cautious note on consumer spending. There’s been some good news for investors too. The Bank of England cut interest rates and the Federal Reserve is increasingly expected to cut rates in September. This may help boost consumer confidence.?
The US election is now becoming an increasing focus for markets. While Kamala Harris is more popular than Joe Biden, Donald Trump is still marginally ahead in the polls in key swing states. In the video below, we share our thoughts on what a Trump presidency could mean for the US economy and markets.
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Global markets were rattled last Monday after a report showed US hiring rates have fallen.
THIS MONTH'S HIGHLIGHTS
An attempted assassination, a sitting president ending his re-election bid and nominating his VP as his preferred successor: what does it all mean for the race for White House, the economy and markets? Watch now to find out.
领英推荐
We consider the outlook for gilts as the Bank of England cuts rates and details emerge regarding the Labour government’s fiscal plans.
China’s challenged property markets are putting a dampener on commodity demand. But over the longer term, geopolitics, an uptick in global manufacturing and the transition to green energy are expected to keep demand on the boil.
Perspective
Schroders Senior Communications Executive Sophie Ainsworth, spoke to us about her experience competing at the 2016 Rio Olympic Games.
These articles are issued by Cazenove Capital which is part of the Schroders Group and a trading name of Schroder & Co. Limited, 1 London Wall Place, London EC2Y 5AU. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Nothing in this document should be deemed to constitute the provision of financial, investment or other professional advice in any way. Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested.
This document may include forward-looking statements that are based upon our current opinions, expectations and projections. We undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements.
All data contained within this document is sourced from Cazenove Capital unless otherwise stated.