MARKET VIEW w/e 13th September 2019

MARKET VIEW w/e 13th September 2019 981 980 Realm

The U.K. Stock market

  • The U.K. stock market was higher this week as Parliament passed a law that will force the government to seek an extension to Brexit and avoid a crash-out of the European Union with no deal on 31st October.
  • The Pound rose strongly to its highest level against the U.S. Dollar since July. Boris Johnson is due to meet Jean-Claude Juncker on Monday to discuss a possible new Brexit deal.
  • The European Central Bank (ECB) cut its deposit rate to -0.5% and announced new quantitative easing measures.
  • Our Breadth indicator turned positive this week and our Momentum indicator, although still negative, ticked higher again.

UK Market 13th September 2019

The U.S. Stock market

  • The U.S. stock market was higher again this week, helped by easing tensions in the trade war with China.
  • China announced a list of U.S. products that would be exempted from tariffs due to be implemented this month. In response President Trump tweeted that the U.S. would postpone an increase in tariffs on Chinese imports.
  • The new moves indicated a desire by both sides to improve relations ahead of the next talks due to take place in October.
  • Our Breadth indicator stayed positive this week and our Momentum indicator ticked higher.

US Market 13th September 2019

The Big Picture 13th September 2019

Market Sentiment 13th September 2019

U.S. Risk Barometer 13th September 2019

Europe Risk Barometer 13th September 2019

Emerging Markets Risk Barometer 13th September 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.