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MARKET VIEW w/e 30th November 2018

MARKET VIEW w/e 30th November 2018 981 980 Realm

The U.K. Stockmarket

  • The U.K. Stockmarket was slightly higher this week.
  • Investors were cautious going into the weekend and the meeting between Donald Trump and China’s Xi Jinping.
  • Continued uncertainty over Brexit also weighed on the market. It looks doubtful that Theresa May will get parliamentary approval for her draft agreement on Dec. 11 and in an interview with the BBC, Mark Carney warned that UK companies are not prepared for a hard Brexit.
  • Our Breadth Indicator stayed negative this week and our Momentum indicator ticked lower again.

UK Market 30th November 2018

The U.S. Stock market

  • The U.S. stockmarket was higher this week.
  • The market rallied on Wednesday following a speech by Fed Chair Powell in which he said that interest rates are “just below” neutral. This was in sharp contrast to previous comments made in October and investors are seeing a change of mind here and the possibility that the Fed will slow its program of rate rises.
  • Hopes for a delay in further US tariffs on imports from China also helped lift the market at he end of the week.
  • Our Breadth indicator stayed negative and our Momentum indicator ticked lower again.

US Market 30th November 2018

The Big Picture 30th November 2018

Market Sentiment 30th November 2018

U.S. Risk Barometer 30th November 2018

Europe Risk Barometer 30th November 2018

Emerging Markets Risk Barometer 30th November 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.