Market Review, June 2011

Publication Date: 

June 2011

Summary: 

The month of June was similar to the prior three months with markets swinging between risk-on and risk-off within a short span of time. Concerns over Greek sovereign debt and a slowing global economy dominated most of June leading to broad risk aversion. Risk appetite significantly increased towards the end of the month as Greece avoided a default and the U.S. reported some stronger economic data. Equities, bonds and commodities declined in June.