MARKET VIEW w/e 29th November 2019

MARKET VIEW w/e 29th November 2019 981 980 Realm

The U.K. Stock market

  • The U.K. stock market was slightly higher this week.
  • The Pound gained with election polls indicating that the Conservatives have a clear lead. Boris Johnson promised he will deliver a new Brexit deal to Parliament before Christmas.
  • In the same week the OECD reported that the slowdown in global trade is having the greatest impact on the European Union, there was an unexpected rise in consumer sentiment in Germany and a drop in unemployment – both helped to increase optimism that the country’s manufacturing slowdown may be coming to an end.
  • Our Breadth indicator turned positive this week and our Momentum indicator ticked up again.

UK Market 29th November 2019

The U.S. Stock market

  • The U.S. stock market was higher in a holiday-shortened week helped by increasing optimism that a “phase one” trade deal between the U.S. and China could be reached soon.
  • China announced plans to develop new protection measures to prevent the theft of intellectual property, this being a demand of U.S. trade negotiators but later in the week President Trump signed a bill supporting human rights in Hong Kong, a decision which was criticised by the Chinese.
  • Our Breadth indicator stayed positive and our Momentum indicator ticked higher again.

US Market 29th November 2019

The Big Picture 29th November 2019

Market Sentiment 29th November 2019

U.S. Risk Barometer 29th November 2019

Europe Risk Barometer 29th November 2019

Emerging Markets Risk Barometer 29th November 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.