A goldilocks jobs report?
Listen now
Description
Fed Chair Powell’s ‘No hike’ message and weaker-than-expected labour market data was the perfect combination for a strong end to the week for financial markets. Off the back of this, equity markets continued their uptrend after a difficult start to the month. And Chinese equities joined other regions in entering bull market territory. Mensur Pocinci, Head of Technical Analysis, talks about the improved sentiment for equity markets after April’s weakness, why he expects US Treasury yields to continue to fall, and why he thinks both have set the stage for new all-time highs. 00:00 Introduction by Helen Freer (Investment Writing) 00:23 Markets wrap-up by Jan Bopp (Investment Writing) 06:00 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research) 10:47 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
More Episodes
Equity markets are higher following NVIDIA's stellar results and despite news that the Federal Reserve may keep interest rates in restrictive territory for longer than expected. Carsten Menke, Head of Next Generation, explains why the latest Chinese stimulus package has little impact on...
Published 05/23/24
Published 05/23/24
US stocks moved higher yesterday, with the S&P 500 closing at another all-time high, but not without signs of caution among investors ahead of Nvidia’s earnings announcement today. UK inflation has fallen to its lowest level in almost three years, although April’s drop was not as large as...
Published 05/22/24