Stocks bounce back this morning

Stocks bounce back this morning

Share on facebook
Share on twitter
Share on linkedin

Stocks in Europe and UK are bouncing back this morning, setting a more positive tone than Wall Street or Asian markets.

In the US, minutes of the Fed’s June meeting will be in focus when they are released later today. Investors will be looking for further clues regarding the Fed’s view of inflation and when the central bank might begin tightening policy and reduce its asset purchasing program. Interestingly, we note that today the yield on the US 10-year Treasury Note has fallen to 1.33%, its lowest level since February.

Disclaimer:  ‘Where the business has expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. The information contained within this communication is believed to be reliable but Realm Investment Management Limited does not warrant its completeness or accuracy. This communication is not intended as a recommendation to invest in any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell investments.’

Download Our Free Brochure