Earnings boost for markets

Earnings boost for markets 150 150 Realm

Earnings are providing a boost for the markets after strong reports from major US banks. Earnings appear to be softening investors’ concerns over inflation after US CPI came in at 5.4% for September. Also helping sentiment is news that emergency relief measures to counter the energy crisis will be imminently approved in Europe.   Disclaimer:  ‘Where the business has expressed…

read more

Stocks positive after US and China inflation data

Stocks positive after US and China inflation data 150 150 Realm

Stocks have opened higher this morning. Investors are weighing the latest US inflation data for September which came in slightly higher than expected at 5.4%, and the latest Fed minutes which indicated the central bank could begin the tapering process as early as mid November. Helping sentiment is a positive start to third-quarter earnings season and an unexpected easing of…

read more

Muted open lower ahead of US CPI data

Muted open lower ahead of US CPI data 150 150 Realm

UK and European markets have opened lower this morning ahead of US CPI data. The key inflation report is due later today. Wednesday also sees the start of third-quarter earnings season with major banks reporting. Data released this morning shows that the UK economy grew by 2.9% in the three months to August end, slightly below expectations of 3%. UK…

read more

UK jobs market continues to improve

UK jobs market continues to improve 150 150 Realm

Data from the Office for National Statistics this morning shows that the UK jobs market continues to recover. The unemployment rate fell to 4.5%, the lowest in a year. Stocks are down though, following Asian markets lower on inflation fears with energy prices rising strongly and worries that third quarter earnings announcements may disappoint. A number of major US banks…

read more

Weekly Market View through 8th October 2021

Weekly Market View through 8th October 2021 150 150 Realm

UK Stock-Market The week opened with concerns over rising inflation and interest rates still to the fore. Fears over Evergrande were also very much in focus with the Chinese property giant missing another interest rate payment. Mid-week a number of announcements began lifting sentiment, not least the news that the US and China had agreed that their presidents would meet…

read more

Markets cautious this morning as inflation concerns increase

Markets cautious this morning as inflation concerns increase 150 150 Realm

Following weaker-than-expected US jobs data on Friday, US Treasury yields have hit multi-month highs on expectations that central banks will begin policy tightening soon. Inflation concerns are the main focus at the start of the week with crude oil futures hitting their highest level since 2014 and a warning from Bank of England Governor Andrew Bailey that there will be…

read more

Stocks flat ahead of US jobs data

Stocks flat ahead of US jobs data 150 150 Realm

Markets are trading cautiously this morning ahead of key US jobs data due later today. A strong report will increase the chances that the US Fed will begin tapering in November. Equity markets rallied back yesterday after the US Senate voted to lift the debt ceiling and avoid a credit default that would have been “catastrophic” according to Treasury Secretary…

read more

Stocks higher after US Treasury Yields fall back from three month highs

Stocks higher after US Treasury Yields fall back from three month highs 150 150 Realm

Stocks are up this morning following Asian markets and US futures higher after bond yields retraced from three month highs. Other factors helped sentiment:  US Republicans said they would agree to a temporary lifting of the debt ceiling to avoid default and allow time to find a longer lasting solution. The US and China have agreed that their presidents will…

read more

Stocks open lower as US 10-year Treasury Yield rises again

Stocks open lower as US 10-year Treasury Yield rises again 150 150 Realm

US 10-year Treasury Yield rose back above 1.5% on Tuesday. Stocks in Asia fell and US stock futures also declined. UK and European stocks have opened lower as investors look nervously ahead to Friday’s nonfarm payrolls data. The US ADP employment report released today may give an indication of what Friday’s numbers will look like.   Disclaimer:  ‘Where the business…

read more

Stocks up today despite US tech sell off

Stocks up today despite US tech sell off 150 150 Realm

UK and European stocks are slightly higher this morning despite a slide on Wall Street on Monday. US technology stocks were hit particularly hard with heavyweights like Apple, Alphabet etc down more than 2%. Chinese property giant Evergrande missed another interest rate payment. Markets will be looking ahead to Friday’s US non-farm payrolls data for September which may give investors…

read more