Are equity markets looking more at a downturn than rate cuts?

NAB Morning Call

English - July 18, 2024 20:45 - 16 minutes - 22.9 MB - ★★★★★ - 8 ratings
Business finance markets trading economics australia bonds shares commodities Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed

Previous Episode: Pre-Trump Trade Battles and Currency Fears

Next Episode: Weekend Edition: Investing on the Road to Net Zero – Why Aren’t We Leading?

Friday 19th July 2024

NAB Markets Research Disclaimer

Financial Services Guide | Information on our services - NAB

US equity markets fell sharply overnight. It’s not just tech stocks feeling the hurt, the weakness is spread more broadly than that, implying that concerns of an economic slowdown are outweighing the benefits of rate cuts. Rate cuts could be happening more slowly in Europe, with some in the ECB indicating that there might be only one more cut this year. NAB’s Ken Crompton returns from his holidays to discuss the market moves and the latest data, including Australian and UK employment numbers, and looking ahead to Japan’s CPI today. We also cover the Netflix earnings results, just out.

Hosted on Acast. See acast.com/privacy for more information.