SNAPSHOT2 min read

Caspar Rock: Monday markets - the week ahead on 2 December

This week's economic data is expected to show improvements in global momentum. In the UK, with the election two weeks away, the Conservatives' lead in the polls continues.

02/12/2019
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Authors

Caspar Rock
Chief Investment Officer
  • Equity markets ended last week higher than they started, and bond yields were also slightly higher.
  • We have global Purchasing Managers' data releases this week, with the Chinese and Japanese figures already showing a stronger-than-forecast pickup in November in both manufacturing and services.
  • Other big economies' data will be published on Wednesday. It appears momentum is improving from the flash readings already seen.
  • US employment data is released on Friday where a rebound is expected from the weaker payrolls number seen in October.
  • In the UK opinion polls continue to show a lead for the Conservatives. It is generally accepted that a lead of 8% is required to gain an outright majority.  We have Donald Trump in the UK for the NATO meeting at the end of the week - expect all political parties to have a view.

Authors

Caspar Rock
Chief Investment Officer

Topics

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.