In Europe, almost all of the major indices ended the day in the green yesterday and US equities also started positively, but the hawkish comments from some US Federal Reserve officials then dampened the mood. The S&P 500 ended the day broadly flat, while the Nasdaq Composite rose by 0.6%, helped particularly by Tesla’s rally. David Kohl, our Chief Economist, comments on the latest economic data in the US and Europe, and Eirini Tsekeridou from Fixed Income Research talks about the latest situation in Brazil and what it means from a fixed income investment perspective.00:14 Introduction and markets wrap-up by Helen Freer (Investment Writing)03:39 US jobs report, European inflation figures by David Kohl (Chief Economist)09:27 Brazil by Eirini Tsekeridou (Fixed Income Research)12:39 Closing remarks by Helen Freer (Investment Writing)