MARKET VIEW w/e 3rd May 2019

MARKET VIEW w/e 3rd May 2019 981 980 Realm

The U.K. Stockmarket

  • The U.K. stock market was lower this week.
  • The Bank of England kept interest rates on hold and, despite stronger growth, indicated there is no urgency to raise them.
  • The growth forecast was lifted, with the expectation that there will be further falls in unemployment.
  • Our Breadth indicator stayed positive this week but our Momentum indicator, although still positive, turned down.

UK Market 3rd May 2019

The U.S. Stock market

  • The U.S. stock market was almost flat this week.
  • Earnings season is in full swing but investors continue to focus on the two big themes. That is, trade negotiations between the U.S. and China, where a deal has yet to be settled, and the Fed’s interest rate policy.
  • This week the Fed announced no-change in interest rates, which was expected, but Chairman Powell’s statement that there was no case for a rate move in either direction disappointed many who were looking for clues there may be a cut later in the year. The better-than-expected jobs data on Friday did little to change that view.
  • Our Breadth indicator stayed positive and our Momentum indicator also stayed positive this week.

US Market 3rd May 2019

The Big Picture 3rd May 2019

Market Sentiment 3rd May 2019

U.S. Risk Barometer 3rd May 2019

Europe Risk Barometer 3rd May 2019

Emerging Markets Risk Barometer 3rd May 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.