- leroux566
- Jul 16
- 1 min read
June saw a strong rebound across global equity markets, driven by the Information Technology & Telecommunication sectors.
Performance was supported by easing trade tensions between US and China and resilient corporate earnings, especially from US technology companies. Global bonds also experience a positive return (in US Dollars) for June. In the fixed income markets, corporate and non-investment grade debt outperformed broad government debt.
Global investors continued to shift money into euros, yen, and gold, seeking safer havens amid ongoing US policy unpredictability. As result the U.S. dollar weakened sharply, down 2.5% for the month against major trading partners. Oil and gas prices rallied during June due to the conflict in Iran.
Precious metals like gold and silver continued their rise due to concerns about higher US inflation (fueled on by President Trump’s proposed “One Big Beautiful Bill”) and a further weakening of the US Dollar.
SA Resource sector was the top performing sector for month, as gold and platinum mining companies surged on the back on stronger precious metal prices.
