恒安標準人壽(亞洲) – Heng An Standard Life (Asia)

9 July 2025

Global equities had another volatile month in April and May. Stocks initially plummeted amid fears that the global response to President Donald Trump’s “Liberation Day” tariff offensive would plunge the global economy into recession but recovered most of their earlier losses when the president announced an abrupt U-turn to provide scope for trade negotiations.

Global shares advanced in May as concerns over tariffs eased. The US and China agreed a 90-day suspension of tariffs on most goods. Sovereign bond yields rose (meaning prices fell) amid rising worries over debt sustainability.

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