Commentary

August 2017 - ADIFO Global Market Review

by Kevin Burrows

Global equities markets were mixed this month, with gains and losses in equal measure across the eight major indices that we regularly track. Global fixed income returns were mostly positive for August, again led by Emerging markets dollar and local currency bonds. Commodities were divided for the month of August as gold and copper gained 4.1% and 6.6%, respectively, while WTI crude oil fell –5.7% and the S&P GSCI Agriculture index plunged –7.4%. The US dollar continued to fall over the month, losing ground against most major currencies except the British pound.