Market update: recent volatility
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.
06 Aug 2024
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.
If you have any questions about anything covered, please do get in touch.