Monthly Report
Risk rally gains traction in July as global growth worries ebb
Download the latest reports
Resilient economic data (especially in the US), softening central bank hawkishness and a weaker US dollar fuelled further advances in global equity and corporate bond markets in July. Early-rally laggards, notably small-cap and emerging-market stocks, topped the charts. Financials, real estate and commodity-driven sectors outpaced defensive peers.
Key highlights:
- Global Asset Classes – Bullish sentiment rules the day
- Global Equities – US small caps and EM back in the game
- Industry returns – Leadership takes strong cyclical turn
- Alternative Indices – REITs rebound; Environmental Opportunities rally falters
- Factor performance – (Small) Size comes out of the doldrums
- Foreign Exchange – US dollar in broad pullback
This report provides actionable insights on global performance across asset classes, regions, currencies, industries and styles, using proprietary month-end data from our flagship index families.
To support your investment decision-making, we produce specialist content that provides analysis and insights on a range of investment topics. Go to our Global Investment Research Hub for valuable Market Insights.
