Market Review July 2025
Risk asset trading volatility remained high across regions, brought about by escalation in Israeli-Iranian conflict. Israel launched pre-emptive aerial bombardments of Iranian nuclear sites, and it was soon met with retaliatory strikes by Iran in Israeli cities. The situation took an ominous turn when the US joined
Market Review June 2025
Risk asset trading volatility continued to heighten across regions amidst uncertainties. Against the backdrop US trade negotiations with the European Union (EU) and a temporary delay to planned tariff hikes, including agreement reached on May 12 between the US and China to bring down the tariffs imposed
Market Review May 2025
Risk asset trading volatility continued to heighten across regions amidst uncertain, unexpected and frequent policy changes by the US administration. Prices gyrated in response to Trump’s pronouncements of sudden changes to the US tariff measures. The World Index recovered from last month’s 4.64% fall, gaining 0.74% in
Market Review March 2025
Risk asset performance diverged across regions. Notably, US and ASEAN region underperformed, while China/HK shares had a good run. The World index declined 0.81% against MSCI Far East Ex. Japan index’s 3.37% rise. ASEAN equities underperformed relatively with a return of declined 3.67%. H shares (+14.02%) and
Market Review February 2025
Recovering from a retracement in December 2024, developed markets risk assets made good gains in the first month of the new year The World index gained 3.47% against MSCI Far East Ex. Japan index’s 1.81% rise. ASEAN equities underperformed relatively with a return of -1.53%. Korea shares