Q1 2024 Active Management Review: Momentum And Growth Factors Outperform

Home Market Outlook Today's Market Q1 2024 Active Management Review: Momentum And Growth Factors Outperform. Another strong quarter in markets led to another stellar performance for the Momentum and Growth factors. The Momentum factor was the standout performer across all regions. Low Volatility was the worst performing factor in the quarter.

European markets mixed with a flurry of corporate earnings

European markets mixed with a flurry of corporate earnings. The pan-European Stoxx 600 (STOXX) moved 0.17% lower. Food and beverages stocks were in the red while health care gained. U.S. 10-year Treasury yield was down less than 1 basis point to 4.65%.

Equities Play A Waiting Game

Consumption continued to drive growth in the first quarter. The waiting game continues for the U.S. Federal Reserve and other major central banks to cut interest rates this year. 2024 is shaping up to be a “normal” expansionary year with healthy levels of economic growth and inflation.

Rising Treasury Yields, Falling Oil Prices, And Hawkish Talk From The Fed

Home Market Outlook Economy Analysis Rising Treasury Yields, Falling Oil Prices, And Hawkish Talk From The Fed. The 10-year US Treasury yield rose to levels not seen since last November. Prices for West Texas Intermediate crude oil fell last week from recent highs despite tensions in the Middle East.

European markets in green following positive market sentiment

European markets in green following positive market sentiment. The pan-European Stoxx 600 moved 0.22% higher. Overall sentiment in Europe buoyed by gains in Asia and on the Wall Street. In the bond market, the U.S. 10-year Treasury yield was up 3 basis points.

Bank Of England Set To Cut Rates Before The Fed As Officials Turn Dovish

Bank Of England Set To Cut Rates Before The Fed As Officials Turn Dovish. The Bank of England is right to draw a distinction between the UK and US inflation outlook. We expect the first rate cut to be in August or maybe even June. Investors now expect two rate cuts in the UK this year.

UK's flash composite PMI rises to 54 points in April

UK's flash composite PMI rises to 54 points in April from 52.80 points in March 2024, a 11-month high. Flash manufacturing PMI in the United Kingdom decreased to 48.70 in April, a 2-month low. UK's flash services PMI increased to 54.90 in April.

European markets in green with London index touching an all-time high

European markets in green with London index touching an all-time high. FTSE 100 hits an intraday record high. The pan-European Stoxx 600 moved 0.52% higher. Tech stocks led gains, while mining stocks fell. U.S. 10-year Treasury yield up less than 1 basis point.

Weekly Report: what happened at EWUS last week (0415-0419)?

European markets mostly positive after last week's uncertainty

European markets mostly positive after last week's geopolitical tensions. The pan-European Stoxx 600 moved 0.12% higher. Consumer confidence index in Denmark fell to -8.6 in April 2024. U.S. 10-year Treasury yield up 3 basis points to 4.64%.

European markets fall as Middle East tensions soar

UK retail sales rise 0.8% Y/Y

Sticky U.K. Services Inflation Pushes Back Rate Cut Hopes

European markets in green despite Wall Street declines

Inflation Progress May Be Bumpy, But Is Likely To Continue

European markets positive despite Fed's hawkish stance

UK's inflation rises to 3.2% in March, more than expected

European markets slump on rising Middle-East tensions

European markets slump on rising Middle-East tensions. The pan-European Stoxx 600 moved 1.41% lower. Germany's wholesale prices fell by 3% year-on-year in March 2024. U.K. Unemployment rose to 4.2%, up from 3.9%.

UK's unemployment rate at 4.2% in February

UK's unemployment rate at 4.2% in February from 3.90% in January 2024. The figure is above market consensus of 4%. Unemployment rate in the UK increased to 4.20% inFebruary from 4.1% in Jan 2024. EWU, FKU, FLGB.

Weekly Report: what happened at EWUS last week (0408-0412)?