logo
episode-header-image
Jul 2023
4m 59s

Stocks roar higher as US inflation cools...

XM.COM
About this episode

Tech stocks lead Wall Street higher in strong first half as PCE inflation
eases. Growth optimism outweighs Fed rate hike bets as Asia rallies too.
But dollar bounces off lows ahead of ISM PMIs, jobs report.

Risk Warning: Our services involve a significant risk and can result in the loss of your invested capital. *T&Cs apply.

Please consider our Risk Disclosure: https://www.xm.com/goto/risk/en

Risk warning is correct at the time of publication and may change. Please check our Risk Disclosure for an up to date risk warning

Receive your daily market and forex news analysis directly from experienced forex and market news analysts! Tune in here to stay updated on a daily basis: https://www.xm.com/weekly-forex-review-and-outlook

In-depth forex news analysis on all major currencies, such as EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD.

Up next
Today
Trump threatens 50% tariffs on Brazil but stocks shrug it off, dollar steady
Send us a textTrump announces fresh round of tariffs on Brazil and smaller nations. Butonly mild risk aversion as Nvidia drives equities higher, hits $4 trillion cap.Fed minutes erase July cut bets as doves in the minority, dollar supported.Bitcoin hits record high, comes just sh ... Show More
5m 30s
Yesterday
Dollar fights an uphill battle amidst mounting tariff pressure
Send us a textMore Trump letters to be sent, with copper, chips and pharmas next on the tariff list. Dollar struggles to hold recent gains, except versus the yen. US equities on the back foot, underperforming their European counterparts. RBNZ stands pat; Antipodeans post small ga ... Show More
4m 53s
Jul 8
US tariff letters boost dollar, dent risk appetite
Send us a textTrump letters and August 1 deadline in focus. Dollar strengthens as both China and the EU avoid tariff letters. Equities are wobbly, while gold confirms lingering demand. Aussie gains as RBA surprises by keeping rates unchanged.Risk Warning: Our services involve a s ... Show More
4m 54s
Recommended Episodes
Aug 2022
Mike Wilson: The Increasing Risks to Earnings
With Fed messaging making it clear they’re not yet done fighting inflation, the market is left to contend with the recent rally and prepare to adjust growth expectations. -----Transcript----- Welcome to Thoughts on the Market. I'm Mike Wilson, Chief Investment Officer and Chief U ... Show More
4m 18s
Sep 2023
Economic stimulus from China boosts equities
After US labour market data drove up stock prices on Friday, today it is China and its government's measures intended to prop up its ailing economy that are driving market sentiment. In commodities, oil prices are trading at levels last seen in November on fears over supply cuts ... Show More
10m 18s
Sep 2022
Andrew Sheets: The State of Play in Markets Globally
There has been a lot of market movement in recent months, so as we exit the summer, what are the market stories and valuations that investors should be aware of? -----Transcript----- Welcome to Thoughts on the Market. I'm Andrew Sheets, Chief Cross-Asset Strategist for Morgan Sta ... Show More
3m 26s
May 2021
Inflation risks: 'too much complacency'?
In this week’s episode of IG’s Trading the Markets podcast, IGTV’s Victoria Scholar speaks to Daniel Lacalle, chief economist at Tressis, about the post-pandemic recovery for the US economy, monetary and fiscal policy, and the potential economic risks ahead. Lacalle says there is ... Show More
18m 56s
Apr 2024
The moral of the story: high expectations are hard to beat | MarketTalk: What’s up today? | Swissquote
Meta fell 15% in the afterhours trading despite earnings beat as investors didn’t like the weaker-than-expected revenue forecast for the current quarter and even less the news that the company will be spending more money to improve its AI capabilities. Tesla jumped 12% regardless ... Show More
10m 13s
Jun 2024
July rate cut off the table after strong US jobs report
US jobs growth surged in May and wages accelerated, prompting traders to push back the expected timing of US Federal Reserve interest rate cuts. US Treasuries sold off, pushing yields higher on Friday. And while equity markets in Europe ended the day lower, US stocks initially fe ... Show More
9m 52s
Jun 2022
MM070: Biggest Fed rate hike since 1994. But are they making a mistake?
Yesterday the US Federal Reserve hiked interest rates by 0.75% in another hawkish pivot in their on-going quest to tame inflation. They also said they intend to raise interest rates a further 1.75% across their remaining four meetings in 2022 We discuss the market fallout in the ... Show More
37m 7s