The first quarter of 2015 is over and it has been quite a volatile ride for the investment markets. Quantitative easing in Europe, deflation, low oil prices and prospect of US interest rate rises.
Here are how the main indices have done in the first 3 months of 2015:
- FTSE 100: Up 3.15%
- FTSE 250: Up 6.25%
- FTSE AllShare: Up 3.70%
- S&P 500: Up 0.44%
- Euro 50: Up 17.51%
- Nikkei 225: Up 10.06%
- Gold: Down 1.02%
- UK Property: Up 3.30%
Some key points:
- The FTSE 250 produced nearly double the return of the FTSE 100. This was because of the drag on performance on the FTSE 100 caused by mining and gas/oil companies which make up a disproportionate amount of the FTSE 100.
- The Eurozone reacted swiftly to news of the start of quantitative easing.
- Once again, bonds held their prices despite long-term fears of downward pressure.
And for the next 3 months:
The next 3 months look to be a bit of a challenge. We have the UK General Election, problems in Greece and the prospect of the first interest rate rises in America.