Equities advance on Fed rate hold and booming tech sector
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Description
US stocks rallied yesterday, closing at all-time highs after the US Federal Reserve left its benchmark interest rate unchanged for a fifth straight meeting in a range of 5.25 to 5.5 percent. The market optimism is extending to Asia today, where stocks are at their highest levels in nearly two years as the tech sector rallies. Carsten Menke, Head of Next Generation Research, provides an update on industrial production in China, what this means for industrial metals and why we like copper.
00:00 Introduction by Helen Freer (Investment Writing)
00:27 Markets wrap-up by Jonti Warris (Investment Writing)
05:45 Industrial metals by Carsten Menke (Head of Next Generation Research)
09:10 Closing remarks by Helen Freer (Investment Writing)
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