MARKET VIEW w/e 2nd August 2019

MARKET VIEW w/e 2nd August 2019 981 980 Realm

The U.K. Stock market

  • The UK stock market was lower this week.
  • The Pound fell further this week as fears of a no-deal Brexit increased after the appointment of Boris Johnson as Prime Minister the previous week.
  • In the US further tariffs on Chinese imports were announced – President Trump tweeted on Thursday that “China agreed to buy agricultural product from the U.S. in large quantities, but did not do so”. Markets did not react well.
  • Our Breadth indicator turned negative and our Momentum indicator turned down.

UK Market 2nd August 2019

The U.S. Stock market

  • The US stock market was sharply lower his week.
  • US President Trump surprised the markets on Friday by announcing further tariffs on $300bn worth of Chinese imports and increasing trade tensions.
  • Earlier in the week the Fed cut interest rates by 0.25% as expected but hinted that there may be further rate cuts later in the year if deemed necessary.
  • Our Breadth indicator turned negative this week and our Momentum indicator ticked down.

US Market 2nd August 2019

The Big Picture 2nd August 2019

Market Sentiment 2nd August 2019

U.S. Risk Barometer 2nd August 2019

Europe Risk Barometer 2nd August 2019

Emerging Markets Risk Barometer 2nd August 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.