Caspar Rock: Monday markets - the week ahead on 1 April

Signs of progress on trade talks, strong Chinese activity data and mixed signals from stock and bond markets

31/03/2019
chart

Authors

Caspar Rock
Chief Investment Officer

Stock markets in optimistic mood…

Equity markets rallied into the close of last week following encouraging comments on a trade deal from the lead US negotiator. The momentum continued in Asia after strong Chinese activity data. 

…but more worrying signals from bonds

Bond yields continue to grind lower and the inversion of parts of the US yield curve is attracting renewed attention. The negative yield on the German 10-year bund is also a source of concern for some investors. 

The weak ahead 

Early in the week, flash PMIs will give a first indication of activity levels in the global economy. At the end of the week, we have US employment data for March. In the UK, Brexit will continue to dominate the agenda ahead of an emergency EU summit on the 10th April. 

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

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 IFC1, Esplanade, St Helier, Jersey, JE2 3BX, (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.