SNAPSHOT2 min read

Caspar Rock: Monday markets - the week ahead

US equities continue to climb. Emerging market stocks and currencies slip back as Hong Kong disruption intensifies. In politics, major televised debates are held this week in both the UK and US.

18/11/2019
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Authors

Caspar Rock
Chief Investment Officer
  • The S&P500 reached another all-time high last week and European stocks also ended the week higher.
  • Emerging market currencies and markets slipped back, influenced by continuing disturbances in Hong Kong.
  • This week brings the preliminary November PMI figures for the US, Japan and eurozone, with markets seeking further signs that the slowdown has bottomed out.
  • On the political front we have TV debates on both sides of the Atlantic: Boris Johnson and Jeremy Corbyn on Tuesday; and on Wednesday, in the US, the Democratic candidates will slug it out, with all eyes on Senator Warren.
  • The pound rose last week as polls showed a strengthening Conservative lead. The number of “undecided” respondents remains high.

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Authors

Caspar Rock
Chief Investment Officer

Topics

UK
US
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).

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