James McManus, Nutmeg's Chief Investment Officer, explains why March was a strong month for UK equities, and global markets as a whole. About this update: This update was recorded on 9th April 2024. About this update: This update was recorded on 9th April 2024. All figures, unless otherwise stated, relate to the month of March 2024. On 10th April, the latest US inflation data for the month of March was released, which once again surprised on the upside. Prior to the inflation data, markets had been expecting a rate increase in June, however some now believe that the first rate increase could now be pushed out to August. Source: MacroBond, Nutmeg and Bloomberg. Risk warning: As with all investing, your capital is at risk. The value of your portfolio with Nutmeg can go down as well as up and you may get back less than you invest. Past or future performance indicators are not a reliable indicator of future performance.