Markets experienced a healthy rebound in October, following a period of heightened market volatility in August and September.
Markets experienced a healthy rebound in October, following a period of heightened market volatility in August and September. Central banks were again a key player to reassure markets, with the PBOC and the ECB restating their dovish bias. Meanwhile, economic and corporate data was somewhat better than expected. In particular, the euro zone is showing signals of economic recovery and the earnings season is proving better than feared in the US.
