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MARKET VIEW w/e 3rd August 2018

MARKET VIEW w/e 3rd August 2018 981 980 Realm

The U.K. Stockmarket ended the week lower.

  • As expected, the Bank of England raised rates to 0.75% and kept it’s growth forecast for 2018 unchanged at 1.4%.
  • According to the ONS UK households are accumulating billions of pounds of debt. Economists are warning that the trend is unsustainable as interest rates rise.
  • Our Breadth Indicator turned negative this week and our Momentum indicator ticked lower again.

UK Market 3rd August 2018

The U.S. Stock market was higher this week.

  • Investors focused on strong second quarter earnings rather than the escalating trade dispute with China. More than 80% of S&P 500 companies have now reported with the majority beating estimates.
  • Friday’s nonfarm payroll report was below expectations but showed that the unemployment rate had fallen near to its lowest in fifty years.
  • At the Fed meeting this week interest rates were not raised but recent strength in the economy was noted – increasing the odds of a hike next month.
  • Our Breadth indicator turned positive and our Momentum indicator ticked up again.

US Market 3rd August 2018

The Big Picture 3rd August 2018

Market Sentiment 3rd August 2018

U.S. Risk Barometer 3rd August 2018

Europe Risk Barometer 3rd August 2018

Emerging Markets Risk Barometer 3rd August 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.