Strategy & economics

Caspar Rock: Monday markets - the week ahead on 7 May

Renewed trade tensions between the US and China have caused a spike in market volatility while continued Brexit uncertainty keeps the Bank of England on hold

06/05/2019

Caspar Rock

Caspar Rock

Chief Investment Officer

  • Data released in the US last week showed strong employment and muted inflation. Federal Reserve Chairman Powell said “solid fundamentals” are supporting the economy and that temporary factors might be holding inflation down.  
  • A breakdown in trade negotiations between China and the US caused a jolt in markets...we expect to see more volatility.
  • The latest PMIs from Europe continued to show strength in France and Germany and continued weakness in Spain and especially Italy - this continues to be a concern.
  • Brexit negotiations are due to restart this week - the BOE is likely to keep rates on hold until there is more clarity.

This article is issued by Cazenove Capital which is part of the Schroder Group and a trading name of Schroder & Co. Limited, 1 London Wall Place, London EC2Y 5AU. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. 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.

Contact Cazenove Capital

To discuss your DFM requirements, or to find out more about our services and how we can help you, please contact:

Nick Georgiadis

Nick Georgiadis

Head of DFM Team nick.georgiadis@cazenovecapital.com
Simon Cooper

Simon Cooper

Business Development Director simon.cooper@cazenovecapital.com