6 min listen
US equities rebound in late trading
ratings:
Length:
12 minutes
Released:
Sep 20, 2022
Format:
Podcast episode
Description
On Monday, US equities bounced back in the last hour of trading to erase early losses and finish in the green. The 2-year US Treasury yield rose to nearly 4%, its highest level since 2007. However, markets remain on something of a knife edge as investors are waiting for the US Federal Reserve and other central banks to deliver outsized rate hikes given stubbornly high inflation levels. In fact, Japan just reported that inflation rose 3.0% year-on-year, slightly higher than expected. David Kohl, Chief Economist, provides a preview of the upcoming central bank meetings. Dario Messi, Fixed Income Research, talks about the Italian elections this weekend and the likely impact on local bonds as well as equities.00:08 Introduction and markets wrap-up by Mike Rauber (Investment Writing)04:10 Central bank meetings preview by David Kohl (Chief Economist)08:40 Italian elections by Dario Messi (Fixed Income Research)12:00 Closing remarks by Mike Rauber (Investment Writing)
Released:
Sep 20, 2022
Format:
Podcast episode
Titles in the series (100)
Stock markets fear Jackson Hole: Markets are starting the week on their back feet as investors remain nervous ahead of the central bankers’ yearly get-together in Jackson Hole at the end of the week. Chinese markets are in a better mood as loan interest rates there have been cut by major by Moving Markets: Daily News