After some turbulence in markets during February and March, April was certainly a calmer month. Although we continued to see some volatility in markets, with sharp daily and weekly movements, overall it was a more positive month for investors.
The UK market in particular has recovered strongly during the month and is now not far from the high point it reached at the end of 2017. This market was helped by some positive company news, especially in the oil and gas sector helped by a higher oil price.
Across the globe there was a general easing of geo-political tensions. Fears of a damaging trade war reduced slightly as China and the US showed some signs of wanting to reach an amicable agreement. There was also an historic meeting between the leaders of South and North Korea, which eased concerns about conflict in the region.
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