SNAPSHOT2 min read

Caspar Rock: Monday markets - the week ahead on 24 June

More important than this week’s data releases is the upcoming G20 summit in Tokyo – and whether it might ease the US/China trade standoff

23/06/2019
chart

Authors

Caspar Rock
Chief Investment Officer

Key data this week

On Wednesday, we get data on US durable goods orders. Recent figures have been weak. On Friday, the market will be looking out for the Personal Consumption Expenditures index, the Fed’s preferred measure of inflation.

Trump and Jinping expected to meet at G20

Upcoming data will be overshadowed by next weekend’s G20 summit in Tokyo. Markets are now expecting a cooling of tensions between the US and China.

Stock and bond markets supported by Fed’s dovish outlook

The US central bank lowered their long-term forecasts for short-term interest rates. The gold price also rallied strongly.

Issued in the Channel Islands by Cazenove Capital which is part of the Schroders Group and is a trading name of Schroders (C.I.) Limited, licensed and regulated by the Guernsey Financial Services Commission for banking and investment business; and regulated by the Jersey Financial Services Commission. Nothing in this document should be deemed to constitute the provision of financial, investment or other professional advice in any way. Past performance is not a guide to future performance. The value of an investment and the income from it may go down as well as up and investors may not get back the amount originally invested. This document may include forward-looking statements that are based upon our current opinions, expectations and projections. We undertake no obligation to update or revise any forward-looking statements. Actual results could differ materially from those anticipated in the forward-looking statements. All data contained within this document is sourced from Cazenove Capital unless otherwise stated.

 

Authors

Caspar Rock
Chief Investment Officer

Topics

Federal Reserve
Monetary policy
Snapshot
Economic & Strategy Viewpoint
Video
Market views

Cazenove Capital is a trading name of Schroders (C.I.) Ltd which is licensed under the Banking Supervision (Bailiwick of Guernsey) Law 2020 and the Protection of Investors (Bailiwick of Guernsey) Law 2020, as amended in the conduct of banking and investment business. Registered address at Regency Court, Glategny Esplanade, St. Peter Port, Guernsey GY1 3UF, (No.24546) . Schroders (C.I.) Limited, Jersey Branch is regulated by the Jersey Financial Services Commission in the conduct of investment business. Registered address at 40 Esplanade, St. Helier, Jersey JE2 3QB, (No.31076).

The value of your investments and the income received from them can fall as well as rise. You may not get back the amount you invested.