MARKET VIEW w/e 26th October 2018

MARKET VIEW w/e 26th October 2018 981 980 Realm

The U.K. Stockmarket

  • Stock markets in the U.K. and Europe followed the U.S. lower this week.
  • Not helped by weak PMI data (purchasing managers’ index) for the eurozone and Italy’s continuing row with the EU over their government’s budget proposals.
  • Despite weak data and increasing risks in Europe the ECB signaled it will be stopping bond purchases in December, as planned.
  • Our Breadth Indicator stayed negative this week and our Momentum indicator ticked lower again.

UK Market 26th October 2018

The U.S. Stock market

  • The U.S. stock market was lower again this week with the S&P 500 index now officially suffering a correction having fallen more than 10% from its recent high.
  • The VIX Volatility Index (often called the fear gauge) reached a multi-month high.
  • Economic data is still generally strong although housing data has been noticeably weakening recently.
  • Investors seemed more focused on worries over the global economy than they were on the release of company’s earning reports.
  • Our Breadth indicator stayed negative and our Momentum indicator ticked lower again.

US Market 26th October 2018

The Big Picture 26th October 2018

Market Sentiment 26th October 2018

U.S. Risk Barometer 26th October 2018

Europe Risk Barometer 26th October 2018

Emerging Markets Risk Barometer 26th October 2018

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.