The Unio Weekly View 19/02/2024

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Check out the Unio View for the week beginning 19 February 2024.

In summary:

↗ Both the UK and Japan have entered technical recessions, yet their stock markets have remained stable. The same is true of the German Dax index, as economists expect the German economy to enter a recession at the end of this week.

↗ Global equities remained positive over the week, despite stock markets falling in the US.

↗ Weak Q4 GDP resulted in the UK economy entering a recession. The economy contracted by 0.3% in Q4 2023.

↗ Investors are eagerly waiting for Nvidia's Q4 earnings report, set to release on the 21st of this month. The stock has rallied 51% YTD, after gaining popularity in 2023

At Unio, we are happy to provide you with the insights you need to make informed investment decisions. If you want to find out more, talk to your Unio adviser or contact us at info@unio.ie

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