Markets in Q1: Moving fast and breaking things

Published by
Reuters UK

(Corrects typo in paragraph 28, commercial not commerical) By Marc Jones LONDON (Reuters) – From a red-hot January as China cast off COVID curbs to February’s flop when interest rates surged and now a manic March of banking blow-ups – financial markets have had an action-packed start to the year even by recent standards. Totting up the first quarter scores shows world stocks with a healthy 6% gain, government bonds up 3%-5%, gold 8% higher, energy prices sliding and the dollar barely budged. Dig deeper though and the volatility soon emerges. Global shares zoomed up 10% in January only to lose …

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