Signet Bank Market Review

Stock market continued its winter correction, although, given the military conflict in Ukraine and its economic implications, losses appear to be moderate. The S&P 500 index lost just over 3 percentage points, while the pan-European Europe Stoxx 600 was down by 3.4 percent. The German DAX (-6.5%) and the French CAC 40 (-4.4%) were worse off, while the Russian market “has left the chat” altogether. Oil and gas prices continued their impressive run, while precious metals also performed well in February. Benchmark yields were rising in the beginning of February but gave back a lot of ground late in the month.

Full Market Review for February 2022 is available here.