Monthly Comments

In April, stock markets performed strongly. Some positive statistics, such as better than expected GDP growth in the US, pushed markets higher.

After the big positive movements in the beginning of the year, markets moved more moderately during March. Weaker statistics, especially industrial figures from Europe and lowered growth targets in China, put pressure on markets.

The optimism from January continued in February with rising stock markets worldwide. Progress in the trade talks between Trump and Xi Jinping contributed to the positive sentiment. A postponement of the reintroduction of tariffs meant that the markets in Shanghai and Shenzhen rose sharply.