MARKET VIEW w/e 1st February 2019

MARKET VIEW w/e 1st February 2019 981 980 Realm

The U.K. Stockmarket

  • The UK Stock market was higher this week. Large-cap stocks out-performed as the Pound fell.
  • Sterling weakness followed a Commons vote to support renegotiating key points in the Brexit deal – even though the EU have warned this will increase the chances of a no-deal outcome.
  • The Italian economy fell into recession and data showed that the eurozone economy grew by 1.8% in 2018, its weakest pace in four years.
  • Our Breadth indicator stayed positive and our Momentum indicator, although still negative, ticked higher again.

UK Market 1st Febuary 2019

The U.S. Stock market

  • The U.S. Stock market was higher this week but started on a down note. A resolution (possibly temporary) to the Government shutdown brought little positive reaction and an announcement that charges would be brought against the CFO of Chinese technology company, Huawei, saw stocks lower.
  • Some better-than-expected earnings reports lifted sentiment mid-week.
  • The biggest boost came from Fed Chair Powell who gave an investor-friendly press conference following a policymakers’ meeting which left rates unchanged.
  • Our Breadth indicator stayed neutral and our Momentum indicator (although still negative) ticked higher.

US Market 1st February 2019

The Big Picture 1st February 2019

Market Sentiment 1st February 2019

U.S. Risk Barometer 1st February 2019

Europe Risk Barometer 1st February 2019

Emerging Markets Risk Barometer 1st February 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.