10 min listen
Equities advance on Fed rate hold and booming tech sector
Equities advance on Fed rate hold and booming tech sector
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)
Stocks come under pressure in late trading amid worries on growth perspectives: The rally on stock markets has paused on Apple’s plans to slow hiring. The race for the succession of Boris Johnson as UK prime minister and leader of the conservative party is heating up with Rishi Sunak one of the favourites. Sophie Altermatt from Macro by Moving Markets: Daily News