Monthly Market Commentary – May 2017

05 June 2017

Welcome to the latest issue of our Monthly Market Commentary.

The May issue provides a market review up until 30 April on the following topics: 

  • Equity: Developed market equities post moderate gains;
  • Credit: Credit spreads hardly move over the month;
  • Nominal Yields: Nominal gilt curve remains unchanged;
  • Inflation: UK CPI inflation stabilises at 2.3% and short-term expectations fall slightly;
  • Real Yields: Real yield curve flattens;
  • Comment: Equity risk - it all depends on the correlations.


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