Mercer Monthly Market Summary

A Quiet End to the Quarter

Mercer's Monthly Market summary provides an overview of global financial markets. 

September 2016

Global equity markets inched higher in September, providing a quiet end to the third quarter. The lack of decisiveness from central banks and mixed economic data provided no clear catalyst to markets. After a shaky first half of the month, equities recovered, partly because of the BoJ’s announcement to modify its quantitative and qualitative easing program (QQE).  As expected, the ECB and the Fed did not take any new action and kept rates unchanged. While central banks are still driving markets, analysts increasingly questioning the limits of monetary policy to spur growth.

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