9 min listen
Stock markets boosted by encouraging US inflation data
Stock markets boosted by encouraging US inflation data
ratings:
Length:
15 minutes
Released:
Nov 16, 2023
Format:
Podcast episode
Description
The S&P 500, Dow Jones and Nasdaq indices are all up more than 6% in November, with the Nasdaq climbing 9.8%. Stocks were buoyed further yesterday after US inflation data revealed a 0.5% drop in the PPI index for October. Markets in Asia were lower overnight following disappointing Chinese home price data. Good news came from the Presidents of China and the US agreeing to resume high-level military communication. Carsten Menke, Head of Next Generation Research, explains why a little more patience is needed before copper prices go higher, and Nicolas Jordan, CIO Strategy & Investment Analysis, provides the latest news from our Investment Committee.00:00 Introduction by Helen Freer (Investment Writing)00:31 Markets wrap-up by Bernadette Anderko (Investment Writing)05:32 Copper update by Carsten Menke (Head of Next Generation Research)10:13 Latest news from the CIO Office by Nicolas Jordan (CIO Strategy & Investment Analysis)13:38 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 your favourite podcast player.
Released:
Nov 16, 2023
Format:
Podcast episode
Titles in the series (100)
Stocks up, yields down on Friday: US equities posted solid gains on Friday, but the real action was in the bond market where growth concerns led to bond yields plunging. Mensur Pocinci, Head of Technical Analysis, provides his view on recent market developments, and shares what he is look by Moving Markets: Daily News