MARKET VIEW w/e 25th October 2019

MARKET VIEW w/e 25th October 2019 981 980 Realm

The U.K. Stock market

  • The U.K. stock market was higher this week.
  • Boris Johnson’s latest Brexit deal was voted through but Parliament would not rush the legislation  that would have allowed the UK to leave by the 31st October. The Prime Minister will now seek a Commons vote for an election on 12th December; Labour have said they will block this unless a no-deal Brexit is taken off the table.
  • Mario Draghi, in his last meeting as President of the ECB, highlighted the possible risks for the EU economy and the need for supportive policies. Christine Lagarde, former head of the IMF, will take over the ECB presidency on the 1st November.
  • Our Breadth indicator stayed neutral but our Momentum indicator ticked down again.

UK Market 25th October 2019

The U.S. Stock market

  • The U.S. stock market was higher this week.
  • Investors were more focused this week on earnings reports than big geopolitical issues.
  • Economic data gave further indication of weakness in the manufacturing sector and the consumer sentiment indicator from the University of Michigan also disappointed.
  • Our Breadth indicator turned positive but our Momentum indicator ticked lower again.

US Market 25th October 2019

The Big Picture 25th October 2019

Market Sentiment 25th October 2019

U.S. Risk Barometer 25th October 2019

Europe Risk Barometer 25th September 2019

Emerging Markets Risk Barometer 25th 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.