Most of the action in January was in equity markets, except Asia High Yield bonds which stood out for their 2.5% gain despite volatility in other markets.
The withdrawal of market liquidity and rising interest rates have led to continued market volatility, with recovery expectations pushed back due to persistent rate hikes and mixed global economic signals.…
Recent market volatility reflects the shift from the era of low interest rates. The effect of rate hikes, which impacted financial markets initially, are flowing through to the real economy.
Markets continued to be highly volatile as participants were highly sensitive to both good and bad news. This leads to both markets and investor emotions going through a roller coaster…
Market Commentary February 2024
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