28/04/2026
Markets have continued their upward momentum, but the backdrop remains anything but straightforward.
Recent gains have been supported by easing energy prices and optimism around geopolitical developments. At the same time, inflation, interest rate expectations and global growth forecasts are still shifting.
It’s a reminder that markets can respond quickly to changing headlines — often before the full economic impact is clear.
While short-term sentiment has improved, uncertainty hasn’t disappeared. Different regions and sectors are being affected in different ways, from energy and tech to global supply chains.
As always, periods like this highlight the importance of keeping a long-term perspective, rather than reacting to each new development.
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The value of investments may fall as well as rise, and you may get back less than you invested.
