Weekly Market Timing Update - 2018/29
Bond market - Global bond risk remains positive
Current Global Bond Market Risk
The Global Bond Market Risk Index (GBMRI) remains positive. The GBMRI increases to 26%. Last week the GBMRI reached a level of 17% (positive).
The Regional Bond Market Risk Sub Index (RBMRSI) for the Asia-Pacific region is showing the best performance with a positive reading of 21%. Last week this index was at 29% (positive).
On the contrary, the RBMRSI for Latin America is showing the least positive performance with a neutral reading of 50%. Last week this index was at 50% (neutral).
Our bond market timing strategy is still favoring to stay invested in all monitored government bond markets.
Stock market - Global stock risk remains neutral
US stock market risk remains positive at 36% (last week: 38%). US tech stock risk index is indicating a positive market environment at 34% (last week: 37%).
The Global Stock Market Risk Index (GSMRI) remains neutral. The GSMRI decreases to 41% - a neutral reading. Last week the GSMRI reached a neutral level of 47%.
The Regional Stock Market Risk Sub Index (RSMRSI) for Latin America is showing the best performance, indicating a positive reading of 31%. Last week this index was at 41% (neutral).
On the contrary, the RSMRSI for the Africa region is indicating the least positive reading at a neutral level of 46%. Last week this index was at 53% (negative).
All other Regional Stock Market Risk Sub Indices are showing either positive or neutral readings.
Our gold mining stocks risk benchmark indicates the risk of gold mining stocks investments on an aggregated basis at 75% (negative).
Our stock market timing strategy is still favoring investments in global stock markets.
Current Global Stock Market Risk
Current US Stock Market Risk
Foreign exchange (FX) - US Dollar risk remains positive
Current US Dollar Risk
The Global US Dollar Risk Index (GUSDRI) remains positive but overbought.
The US dollar is showing strength against other major currencies. The GUSDRI increases to 8%. Last week the GUSDRI reached a positive level of 4%.
Please note that a risk index level equal or above 60% is indicating a rather high-risk and unfavorable market environment.
More information our intuitive risk indices and how they work at Market Risk Index - How it works.