Global equity markets continued to move higher in June, closing out a strong first six months of 2017. Performance for June was led by Asian emerging markets and a robust banking sector. This was countered by Europe, along with technology stocks, which posted losses. Investors favored high beta and volatility over quality styles. Economic growth moderated in the US and China, while readings from the Eurozone and Japan surprised on the upside.
Mercer's Monthly Market summary provides an overview of global financial markets.
In this issue we cover:
- Equities Close Out a Strong First Half
- Bond Markets Soften with Cooling Inflation
- MSCI Announces China A-Share Inclusion in Global Indices
- Market update as of June 30, 2017