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Davy Research

Market comment

Fears of global slowdown continue to hurt equity markets

Dec 17 2018, 07:55 GMT
Conall MacCoille
Morning briefing
4 page(s)

Conall MacCoille

Analyst

DAVY VIEW

Equity markets faltered on Friday (December 14th) as Chinese data and European PMI surveys fuelled fears of a global slowdown. This morning’s Rightmove data suggest that UK housing prices fell again in December. Meanwhile, the Italian government looks set to unveil fresh budget proposals for a narrower deficit worth 2% of GDP.

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Dec 17 2018, 07:55 GMT