Saturday February 22, 2020

The wheel of fortune

When it comes to global equity markets, the second half of 2017 can expect to see a rotation out of top performing sectors such as technology into areas such as energy

16th July, 2017
4
Global equity markets have performed well for the first half of the year Picture: Shutterstock

Global equity markets have performed well, particularly in local currency terms, during the first half of the year. Several indices across Europe and in the US are currently up double-digit percentages, supported by a lack of political shocks, a continuation of dovish central bank policies and economic growth that has been broad based.

For European investors, the strength of the euro, which has appreciated in value by 8.5 per cent against the US dollar so...

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