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MARKET VIEW w/e 17th May 2019

MARKET VIEW w/e 17th May 2019 981 980 Realm

The U.K. Stockmarket

  • The UK stock market was lower this week. The Pound fell all week – talks between the government and the Labour party collapsed with Jeremy Corbyn saying the talks “have gone as far as they can”.
  • The U.S./China situation took a turn for the worse as China implemented retaliatory tariffs on U.S. goods.
  • Data showed the UK unemployment rate fell to a new low of 3.8% in the first quarter of 2019.
  • Our Breadth indicator turned neutral and our Momentum indicator, although still positive, was lower again.

UK Market 17th May 2019

The U.S. Stock market

  • The U.S. stock market was lower this week.
  • Monday saw a steep drop following China’s announcement over the previous weekend that it would be implementing a further $60 Billion in tariffs on U.S. imports in retaliation for the $200 Billion tariffs imposed by the U.S. the previous week. President Trump tweeted that the U.S. would “make a deal when the time is right” and the markets will be hoping this will be progressed when he meets President Xi at the G20 meeting in Osaka at the end June.
  • There was a surprise fall in US industrial production in April, the third decline in four months.
  • Our Breadth indicator turned negative this week and our Momentum indicator, although still positive, ticked lower again.

US Market 17th May 2019

The Big Picture 17th May 2019

Market Sentiment 17th May 2019

U.S. Risk Barometer 17th May 2019

Europe Risk Barometer 17th May 2019

Emerging Markets Risk Barometer 17th 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.