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Posts Tagged ‘Asian markets’


Weekly Economic Focus: Strong US dollar drives equity markets lower 

By Alexander Forbes Investments on Nov 13, 2018 in Market and Economic Commentary

Last Tuesday’s US midterm Congressional elections produced a split, with Democrats taking control of the House of Representatives for the first time in eight years, and the Republicans increasing control of the Senate.

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Weekly Economic Update: Red October as Global Assets Show Negative Returns

By Alexander Forbes Investments on Nov 08, 2018 in Market and Economic Commentary

  Global wrap – Red October across all major asset classes A cocktail of bad data, downwardly revised global expectations, and continued capital flight from emerging markets, culminated in increased volatility and negative performance returns in all major asset classes. The International Monetary Fund’s downward revision of global growth, to 3.7% from 3.9%, for both 2018 and 2019, reignited concerns about the potential for a market correction or a bear market. Oil prices initially increased above US$80/bbl, before declining by 14.2%, to US$73/bbl. However, year-to-date (YTD) prices remain 8.7% higher. The MSCI World and the MSCI ACWI indices returned -7.3% and -7.5% in October, and -1.9% and -3.5% YTD, in US dollar terms. The MSCI Emerging Market Index returned -8.7% in October, and -15.5% YTD. Bond markets also saw negative performance returns, with the Citi World Government Bond Index returning -1.1% in October, and -3.6% YTD. The JP Morgan Emerging Market Bond Index returned -1.2% in October, and -10.4% YTD.   October’s market performance highlights a slightly worse outlook than what we have been emphasising over the past couple of months – we are in a low-return environment. The likelihood of negative performance returns for 2018, if we do not […]

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Offshore Allocations Mitigate Domestic Growth And Currency Risks.

By Alexander Forbes Investments on Sep 19, 2018 in Market and Economic Commentary

Bottom-line: Portfolios have been positioned to mitigate domestic growth and currency risks. That said, we are more constructive on the currency at cheaper valuations. Opportunities to capitalise on the weaker rand will emerge for our major accumulation portfolios.

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Daily Solutions – 15 August 2018

By Alexander Forbes Investments on Aug 15, 2018 in Daily Solutions

The JSE closed weaker on Tuesday as miners fell on a stronger rand.

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