SNAPSHOT2 min read
Caspar Rock: Monday markets - the week ahead on 6 January
Markets have been shaken by events in the Middle East: is this a passing storm, or something more serious?
Authors
- Welcome to 2020. A number of positive economic indicators, combined with the continued provision of liquidity from central banks, might allow for low positive returns from equities this year. On the downside we expect low or zero earnings growth – and volatility caused by geopolitical events.
- This links to the US drone strike last Friday in the Middle East, which caused a spike in the oil price, shook equity markets and sparked a rally in defensive assets. We are watching closely to see if this is a passing squall – similar to last year's missile strike on the Saudi oil facilities – or something more serious.
- This week on Friday we have the important December US employment data, which is expected to continue the strong numbers seen in November.
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Topics
UK
US
Snapshot
Economics
Market views
Economic & Strategy Viewpoint
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