MARKET VIEW w/e 19th October 2018

MARKET VIEW w/e 19th October 2018 981 980 Realm

The U.K. Stockmarket

  • The UK Stockmarket was slightly higher this week following the previous week’s sharp sell-off.
  • Brexit remains a major concern with economists still seeing a 20% chance of no deal (the EU said it is ready to extend the length of the post-Brexit transition if the UK wants).
  • Italy is also in focus with the European Commission calling the Italian government’s budget proposals an “unprecedented” breach of EU rules. However the EU later called for talks with Rome which may help to ease tensions.
  • Our Breadth Indicator stayed negative this week and our Momentum indicator ticked lower again.

UK Market 19th October 2018

The U.S. Stock market

  • A rally early in the week was retraced on Thursday following the release of minutes from the Fed’s September monetary policy meeting indicating that rate hikes are likely to continue.
  • Investors focused less on earnings reports and more on global economic and political concerns including the U.S./China trade dispute, the EU’s problems with the Italian budget proposals, and relations with Saudia Arabia.
  • Our Breadth indicator stayed negative and our Momentum indicator ticked lower again.

US Market 19th October 2018

The Big Picture 19th October 2018

Market Sentiment 19th October 2018

U.S. Risk Barometer 19th October 2018

Europe Risk Barometer 19th October 2018

Emerging Markets Risk Barometer 19th 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.