August 2026 - Market review
UK Domestic and international uncertainty: July saw UK investors navigating a shifting landscape, which domestic political developments, doubts about the long-term strength of the AI boom, and renewed tensions in the Middle East all competed for attention. Renewed conflict between the US and Iran drove up the yield on the ten-year gilt to over 5% for the first time since May. Meanwhile, the price of Brent crude oil climbed above US$100 per barrel, stoking concerns over the ou
July 2026 - Market review
UK Oil price subsides on ceasefire: Iran and the US reached a deal during June that allowed the Strait of Hormuz to reopen to commercial shipping. Following the announcement, the price of Brent crude oil fell to US$72.92 per barrel by the end of the month, compared with an intra-day peak of over US$126 during the conflict. The FTSE 100 Index – which has a relatively large exposure to energy companies – rose by 0.8% over June, while the FTSE 250 Index fell by 1.8%. Supply chai
June 2026 - Market review
UK Multiple headwinds: the backdrop remained challenging for UK investors during May, and sentiment was damped by persistent geopolitical tensions, rising domestic political uncertainties, a wider focus on AI-related stocks, and concerns over inflationary pressures. The FTSE 100 Index edged 0.3% higher, while the FTSE 250 Index rose by 4.3%. The yield on the benchmark gilt rose as high as 5.19% during the month. Meanwhile, the price of Brent crude oil rose as high as US$115 i