Q2 Market Digest 2024

Market overview for Q2 2024, including an update on asset class returns, elections and inflation.

Below are some key highlights from what happened in markets in Q2 2024.

• Equities provided positive returns over the quarter, while bonds were more mixed.

• A UK general election was called for July to little market impact. Uncertainty over France’s election outcome led to market jitters in Europe.

• UK inflation fell 1.4% to 2.0% (i.e. the Bank of England’s target) over the quarter, but high services inflation meant no interest rate cut from the Bank of England.

In our overview, we also provide market commentary to cover the past year to 30th June 2024.

Download the Market Digest