12 July 2024
2 mins
Head of Capital Markets
In this Capital Markets Update, Chris Arcari shares the latest trends in the market for Q2 of 2024.
Global growth forecasts rose as the relative resilience of the US economy shone through in survey data. Solid, if unspectacular, growth and signs of stubbornness in underlying inflation suggest that policymakers will ease monetary policy gradually.
Government bond yields rose in Q2 on decent growth and sticky inflation data, while credit spreads stayed near record lows. Resilient growth and AI optimism helped global equities deliver another quarter of positive returns.
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