Spotlight on sterling as conditions call for caution

Best-performing G10 currency

Despite a uniquely complex financial and geopolitical backdrop, markets have delivered positive returns so far this year.

While luck and good timing may be needed for the rest of the year, compelling opportunities remain in bonds, equities, and currencies for today's patient investor. In the face of further rate rises and bank failures on both sides of the Atlantic, markets have been impressively calm. Government bonds, credit and equities have all delivered positive returns - even measured in sterling, which has been the best-performing currency in the G10 this year. Market Movers Blog: Pound hits 13-month high against US dollar Fortunately, lockdown rules were scrapped in China just as US growth was...