Mercer's Monthly Market summary provides an overview of global financial markets.
Global equity markets finished lower in October, returning to risk aversion in light of the upcoming US election and potential monetary policy changes around the globe. Investors didn’t seem to focus on a stream of mixed third quarter earnings reports, while paying close attention to the uptick in inflationary signals. The fear of a hard Brexit, exacerbated by a flash crash of the British pound, which dropped to a three decade low against the US dollar in early October, also contributed to the risk off sentiment.
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