US

Last month, the US Department of Labor reported average hourly earnings had increased 2.9% in January. Wage gains, largely absent from the post-crisis recovery, are good news for the economy.

First trading day on 23 March

Favourable macro backdrop

Leading losses in the NASDAQ

Subject to shareholder approval

Not acting as a safe haven

President proposed tariffs on steel

'Inflation scare'

New set of index-based portfolios

First monthly drop since March