September market update – positive momentum in the US and Japan

Chief Investment Officer Chris Godding and Senior Research Analyst Louie French give their commentary on what happened in the markets and global economies over the month of September 2018.

After a summer of heightened volatility linked to trade tensions and geopolitical risks, September was a relatively calm month for global markets.

What happened in the markets?

• Developed equity markets were marginally positive, with US equities continuing their positive momentum and UK large-caps outperforming
• The notable outliers over the month were Japanese equities, which rallied strongly and were boosted by a weaker yen and an agreement on trade with the US, subject to further talks
• Elsewhere, income from UK commercial property continued to be positive, while capital growth showed signs of weakness

Read our market commentary

We hope you have found this update helpful. Please do get in touch on 020 7189 2400 or email contact@tilney.co.uk if you have any queries or would like more information.