Global Market
Notwithstanding the focus on US Interest Rates, Trump’s Tariffs and Brexit, the MSCI World Index returned +1% in April, bringing the MSCI World Index return for the year to -0.3%. Emerging markets were somewhat more vulnerable to the impact of these factors, losing 0.6% for the month.
Ten Year US Treasury Yield Reaches 3%!
In April, the ten-year US treasury yield reached 3% – a level considered to begin attracting investors out of equity markets and into bonds. Notwithstanding the concern around this, equity markets seemingly shrugged off the move, as European and Japanese shares showed strong returns in April, and the US equity market remained flat.
RAND WEAKNESS IN APRIL SUPPORTS A BROAD BASED RALLY IN LOCAL SHARES. APRIL 2018
Global Market
Notwithstanding the focus on US Interest Rates, Trump’s Tariffs and Brexit, the MSCI World Index returned +1% in April, bringing the MSCI World Index return for the year to -0.3%. Emerging markets were somewhat more vulnerable to the impact of these factors, losing 0.6% for the month. Ten Year US Treasury Yield Reaches 3%! In April, the ten-year US treasury yield reached 3% – a level considered to begin attracting investors out of equity markets and into bonds. Notwithstanding the concern around this, equity markets seemingly shrugged off the move, as European and Japanese shares showed strong returns in April, and the US equity market remained flat.