Stocks up on China data and US stimulus optimism

Stocks up on China data and US stimulus optimism

Share on facebook
Share on twitter
Share on linkedin

Better-then-expected trade data from China, the hope of further stimulus in the US from a Biden administration and the rollout of vaccination programs, is keeping sentiment elevated. UK and European stocks are higher this morning. Investors will be weighing these positives against the rising number of coronavirus cases and tighter lockdown restrictions.

In the US, House members voted to impeach Donald for inciting an attack on the Capitol. This is the first time in history that a US President has been impeached twice.

The rate of annual inflation was reported at 1.4% for December. Up from 1.2 percent previous month and above market forecasts. We note this and will be monitoring further numbers. US 10-yr Treasury yields fell a little on Wednesday but had been moving higher for seven days prior to that.

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.’

Download Our Free Brochure