Episode Details
Back to Episodes
From energy tensions to market gains
Description
US and European equities rebounded yesterday as the absence of another energy spike supported sentiment. Strong US job gains and a firm ISM services reading eased growth concerns, reduced expectations for a July rate cut, and lifted major indices, with technology leading. The US dollar held firm, investors are positioned for a weaker euro, and Swiss franc strength triggered a second round of SNB verbal intervention. Bitcoin surged, China set a cautious growth target, and Asian markets – especially South Korea – rebounded sharply after steep losses. Norbert Rücker, Head of Economics & Next Generation Research, provides a timely update on the oil and gas markets following the near‑halt in activity through the Strait of Hormuz.
- (00:00) - Introduction: Helen Freer, Product & Investment Content
- (00:28) - Markets wrap-up: Mike Rauber, Product & Investment Content
- (07:12) - Oil and gas update: Norbert Rücker, Head of Economics & Next Generation Research
- (12:14) - Closing remarks: Helen Freer, Product & Investment Content
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.