Blog

15th October 2018

Monday Espresso

 

 

 

 

 On Wednesday October 10, market saw the worst drop in US tech stocks in seven years. The Nasdaq and the Dow Jones indices both dropped over 3% in one day and the selloff extended across the globe, including the European and Asian markets, mostly driven by the concerns of trade wars and rising interest rates.

Crude oil price slid on Thursday October 11, after the OPEC cut global oil demand growth for 2019 by 50,000 barrels per day in its latest monthly report.

 On Thursday, Dialog Semiconductor, a UK-based manufacturer announced its $600mn licensing deal with Apple, which will use the patents and a team from Dialog to develop chips on Apple’s products.

Despite the trade tensions between China and the US, China’s trade surplus with the US climbed to a record number of $34.1 billion in September according to the report released by Chinese government on Friday October 12.

 

 

  The UK CPI will be released on Wednesday October 17 and is expected to come in at 2.6% YoY.

  Japan CPI will be released on Friday October 19 and is expected to come in at 1.3% YoY.

 

-1.0     A score of -1.0 indicates an extremely poor economic outlook, which is accompanied by a high probability of negative returns in risky asset classes like equities. The Risk Barometer tilts our portfolios away from equities during such periods.

0.0       A score of 0 indicates a neutral economic outlook with almost equal probability of positive and negative returns in risky asset classes like equities. The Risk Barometer maintains a balance between equities and other asset classes during such periods.

+1.0   A score of +1.0 indicates an extremely positive economic outlook, which is accompanied by a high probability of positive returns in risky asset classes like equities. The Risk Barometer tilts our portfolios towards equities during such periods.

*as at latest realignment 30/09/18

Notice:

The performance of each asset class is represented by certain Exchange Traded Funds available to UK investors and expressed in GBP terms selected by Copia Capital Management to represent that asset class, as reported at previous Thursday 4:30pm UK close. Reference to a particular asset class does not represent a recommendation to seek exposure to that asset class. This information is included for comparison purposes for the period stated, but is not an indicator of potential maximum loss for other periods or in the future

Risk Barometer

0

as at latest realignment

    Subscribe

    Subscribe to our blog and get our best content in your inbox.



    Copia Capital Management

    Fleet House, 8-12 New Bridge Street, EC4V 6AL

    Copia Capital Management is a trading name of Novia Financial Plc. Novia Financial Plc is a limited company registered in England & Wales. Register Number: 06467886. Registered office: Cambridge House, Henry St, Bath, Somerset BA1 1JS. Novia Financial Plc is authorised and regulated by the Financial Conduct Authority. Register Number: 481600.

    © 2021 Copia Capital

    Advisers, staff of professional firms and other eligible counterparties

    I work for an advisory / professional firm or other eligible counterparty.

    I will take responsibility for any jurisdictional restrictions that apply to the services described by this website in accordance with applicable law and regulation.

    I have read and accept that Cookies are used on this website.  I understand that a Cookie will show that I have accepted the terms to access this website.

    Customers and prospective customers

    I confirm that I am resident in the UK or other EU Country and I am not a US citizen.

    I have read and accept that Cookies are used on this website.  I understand that a Cookie will show that I have accepted the terms to access this website.


    The content of this website may only be viewed by persons that meet either of the above conditions.  If neither option is applicable please click here which will close this webpage.