Snapshot - Monthly viewpoint

Caspar Rock: Monday markets - the week ahead on 9 September

Weak manufacturing activity raises questions about US growth. In the UK, a Brexit delay is looking more likely.

09/09/2019

Caspar Rock

Caspar Rock

Chief Investment Officer

  • Is US data starting to turn? Hiring was slowing than expected in August, though wage growth remained solid. The bigger shock was an index of manufacturing activity, which fell to the lowest level in a decade.
  • The UK parliament has passed legislation designed to prevent a no-deal Brexit, increasing the odds of a delay. A general election now looks like a near certainty, with the only question being whether it will take place before or after the 31 October deadline.
  • The ECB meets on Thursday and is expected to introduce new easing measures, potentially including a return to QE.

Topics:

  • US
  • ECB
  • Monetary Policy
  • Germany
  • Market review
  • Economics & strategy
  • Brexit
  • Investment team videos
  • Snapshot

For Accredited Investors Only. This document is intended to be for information purposes only and it is not intended as promotional material in any respect. The material is not intended as an offer or solicitation for the purchase or sale of any financial instrument and is not intended to provide and should not be relied upon for accounting, legal or tax advice, or investment recommendations.

The information in this market outlook is derived from sources which we consider to be reliable. However, it may not in all cases be verified independently and we do not attest to its completeness or accuracy. No responsibility can be accepted for errors of fact or opinion. Forecasts may be the consensus of extremely divergent possibilities and the full range of potential outcomes should be appreciated. No representation or warranty is made that any value (or proximity to) any value, return or forecast will be achieved. The opinions expressed are those of employees of Schroder & Co. (Asia) Limited, and reflect their judgement at this date and are subject to change. Reliance should not be placed on the views and information in this market outlook when taking individual investment and/or strategic decisions. 

No part of this document may be reproduced in any manner without the prior written permission of Schroder & Co. (Asia) Limited.

Contact Schroders Wealth Management

To discuss your wealth management requirements, or to find out more about our services, please contact:

Simon Lints

Simon Lints

Chief Executive Officer - Singapore singaporeprivateclients@schroders.com