2 Min | Snapshot

Economic & Strategy Viewpoint

Caspar Rock: Monday markets - the week ahead on 5 August


Caspar Rock

Caspar Rock

Chief Investment Officer

  • The upcoming week is light on newsflow but it follows a volatile week for bonds, equities and currencies.
  • Last week’s Fed rate cut, coupled with a further escalation in the US-China trade stand-off, resulted in a sharp sell-off.
  • US equities ended the week 3% lower and European equities were down by about 4%.
  • UK asset volatility continues with markets pricing in a higher probability of either a general election or hard Brexit.
  • Today’s global PMI (Purchasing Managing Index) data will be closely watched following last month’s divergence between weaker manufacturing and stronger services figure.

Contact Schroders Wealth Management

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

Marc Brodard

Marc Brodard

Head of Private Clients - Switzerland
Telephone:
marc.brodard@schroders.com