UK and European markets are bouncing back this morning after a weak day yesterday, particularly for technology stocks. Markets were not impressed with comments from Janet Yellen, US Treasury Secretary, that interest rates will have to rise at some point, but she said that was not a forecast.
Wednesday sees an other round of earnings reports from major companies in Europe and European PMI data is due, giving investors a chance to weigh the region’s economic recovery.
Disclaimer: ‘Where the business has 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.’