Global markets were mixed on Friday as European markets continued to slide on geopolitical concerns, while the US market ended the session slightly higher. As we touched on last week, the war of words between the US and North Korea has halted a remarkable period of calm for the US market in particular, with the VIX (a measure of US market volatility) jumping sharply.
For the week ahead geopolitics will remain in focus for investors, and it will be interesting to watch China which is seeking to defuse increasing tension between the US and North Korea.
This week also sees corporate profit reporting season get into full swing across Australia and NZ, while we enter the tail end of US quarterly profit announcements.
Stock in Focus: A2 Milk (ATM.NZ / A2M.AX)
While most shares were down on Friday, A2 Milk continues to...