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Market update: recent volatility

calendar icon 06 August 2024
time icon 2 mins

An update on the recent market volatility caused by a reduction in enthusiasm for AI-sensitive stocks, a stronger yen and weaker US economic data.

We’ve recently seen a pickup in volatility in markets with some asset prices falling as a result. As with most market selloffs, there is not one trigger, but a few interlinked dynamics and themes along with a shift in market sentiment.

Some of the contributing drivers include:

  • A reversal of fortunes for AI-sensitive stocks.
  • A Bank of Japan interest rate hike and accompanying strengthening of the yen.
  • Weak US economic data.

For more details on this recent volatility, you can read our full article below.

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