3 Min
|
Snapshot
Caspar Rock: Monday markets - the week ahead on 16 September
3 Min
|
Snapshot
Caspar Rock: Monday markets - the week ahead on 16 September
- The drone attack on Saudi oil facilities has resulted in Brent jumping 8%. The longer-term impact depends on how long the Saudi outage (50% of production has been halted) will last.
- Last week saw the bond sell-off continue. The ECB reintroduced quantitative easing, and indicated that fiscal policy should lead from now.
- The Fed meets this week with markets anticipating a 25 basis points cut. Indications of future rate movements will be closely watched.
- In terms of Brexit, Boris Johnson meets with EU leaders today. Tuesday brings the Supreme Court ruling on Parliament’s prorogation, which the Government expects to win.
This article is issued by Schroders Wealth Management, which is part of the Schroder Group and a trading name of Schroder & Co. (Hong Kong) Limited, Level 33, Two Pacific Place, 88 Queensway, Hong Kong. Licensed and regulated by the Hong Kong Securities and Futures Commission. 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.
