November Market Digest 2023

Market overview for November 2023 including update on asset class returns, inflation, the recent Autumn Statement, plus much more!

Jack Richards

14 Dec 2023

Rainbow coloured lightbulbs on a string at night.

Below are some key highlights from what happened in markets in November 2023:

  • Most asset classes performed strongly in November as positive sentiment drove equity and bond prices higher. Global equities generated 4.7% over the month and are now over 10% up year-to-date.
  • Better than expected inflation data from the US, UK, and eurozone boosted hopes of earlier interest rate cuts next year.
  • The Bank of England followed the US Federal Reserve in holding interest rates at the current level at November’s meetings.
  • Given these market conditions, portfolios typically generated a positive absolute return over the month.

For more details, please download our full November Market Digest below!

If you have any questions or would like to find out more, please get in touch.