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Equities advance on Fed rate hold and booming tech sector

Equities advance on Fed rate hold and booming tech sector

FromMoving Markets: Daily News


Equities advance on Fed rate hold and booming tech sector

FromMoving Markets: Daily News

ratings:
Length:
10 minutes
Released:
Mar 21, 2024
Format:
Podcast episode

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)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.
Released:
Mar 21, 2024
Format:
Podcast episode

Titles in the series (100)

Moving Markets is a daily market news briefing from Julius Baer. Our experts discuss the latest market developments and put the headlines in perspective to set you up for the coming day. The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.