10 min listen
Stocks down and yields up on strong US factory data
Stocks down and yields up on strong US factory data
ratings:
Length:
11 minutes
Released:
Apr 2, 2024
Format:
Podcast episode
Description
Strong US manufacturing data, pointing to expansion for the first time in over a year, pushed US Treasury yields higher and stocks lower, albeit in light trading. Meanwhile, gold continues to trade higher, almost on a daily basis. But Mensur Pocinci, Head of Technical Analysis, says investors should favour productive assets as momentum remains strong in many parts of the market.00:00 Introduction by Helen Freer (Investment Writing)00:28 Markets wrap-up by Roman Canziani (Head of Investment Writing)05:56 Technical analysis by Mensur Pocinci (Head of Technical Analysis Research)09:31 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:
Apr 2, 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