fbpx

MARKET VIEW w/e 18th October 2019

MARKET VIEW w/e 18th October 2019 981 980 Realm

The U.K. Stock market

  • The U.K. stock market was lower this week.
  • Boris Johnson agreed a new Brexit deal with the EU but on Saturday MPs voted to withold support for it until it has been enacted into law. The Prime Minister then sent a letter of request to the EU formally asking for another extension as he was legally required to do. The government has said it will push again this week to get the deal voted through.
  • The Pound rallied further this week on the belief that one way or another the deal will be finalised and a no-deal outcome avoided.
  • Our Breadth indicator stayed neutral but our Momentum indicator ticked down again.

UK Market 18th October 2019

The U.S. Stock market

  • The U.S. stock market was higher this week.
  • Companies began reporting third quarter earnings and there were a number of upside surprises which pleased investors.
  • Optimism may have been dampened a little though by economic data which showed industrial production fell more than expected.
  • Our Breadth indicator stayed neutral but our Momentum indicator ticked lower again.

US Market 18th October 2019

The Big Picture 18th October 2019

Market Sentiment 18th October 2019

U.S. Risk Barometer 18th October 2019

Europe Risk Barometer 18th September 2019

Emerging Markets Risk Barometer 18th October 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.