Global equities rose in the third quarter but there were regional differences, with Asia and the US outperforming Europe and the UK, according to the latest Schroders quarterly markets review.
It reported that US equities gained in the third quarter, supported by a growing economy and monetary policy. "The Fed will now use average inflation targeting (AIT) in setting the policy interest rate, allowing for temporary overshoots in inflation," Schroders said. The asset manager wrote that eurozone stocks remained flat over the quarter as worries took hold over sharply rising Covid-19 infections in many European countries. Market Movers Blog: S&P 500 slides as Trump rejects coronavirus relief negotiations According to the quarterly review, the biggest falls in the eurozone...
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