MARKET VIEW w/e 11th January 2019

MARKET VIEW w/e 11th January 2019 981 980 Realm

The U.K. Stockmarket

  • The U.K Stock market was higher this week ahead of Tuesday’s meaningful vote on Theresa May’s deal to exit the European Union.
  • On Friday a press item that suggested Brexit was likely to be delayed beyond 29th March was denied by her spokeswoman but the rally in GBPUSD this month suggests that the markets believe an extension is a good possibility.
  • Easing concerns over the U.S. trade dispute with China and more market friendly comments from the Fed also helped the market higher.
  • Our Breadth indicator turned positive and our Momentum indicator, although still negative, ticked higher again.

UK Market 11th January 2019

The U.S. Stock market

  • The U.S. Stock market was higher again this week continuing a strong start to 2019 initially sparked by U.S. Fed officials making more market friendly comments in recent speeches.
  • Volatility has calmed with the VIX index (often called the “Fear Gauge) hitting its lowest level in a month.
  • U.S. and China reported good progress in their talks. The recent market falls seem to have increased pressure on President Trump to conclude a deal; he tweeted last week that talks are “going very well.”
  • Our Breadth indicator stayed negative and our Momentum indicator ticked lower again.

US Market 11th January 2019

The Big Picture 11th January 2019

Market Sentiment 11th January 2019

U.S. Risk Barometer 11th January 2019

Europe Risk Barometer 11th January 2019

Emerging Markets Risk Barometer 11th January 2019

Disclaimer:  ‘Where the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy.

This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.