Each day we produce a market commentary outlining critical economic and company developments. We leverage off our global network of analysts and investment professionals to provide clients with critical insights from our local teams first thing in the morning.
18/05/2018 – Market View: PayPal, Lloyds, INM
Energy stocks were the best performer overnight as Brent continues to hold above $80 a barrel. Wider equity markets moved sideward overnight as conflicting messages on trade came out. US officials stated that there remains major differences between US and China, while Chinese officials have signalled their willingness to make concessions. Focus will continue to be on those ongoing talks in Washington along with North Korea, where recent progress has suffered a setback. Analysts will also continue to keep an eye on yields as the US 10 year moves past the 3.12% mark.