A string of hawkish comments, a rise in inflation rates in Europe and a strong US employment report last week had market participants worried that interest rates were set to stay higher for longer than they had hoped, putting stocks and bonds on course for one of the worst starts to the year in a decade. In China, investors are faced with the shadow banking giant Zhongzhi filing for bankruptcy, marking one of China’s biggest-ever corporate collapses. Mensur Pocinci, Head of Technical Analysis, joins the show today to discuss the technical setup of the market and why you shouldn’t pay too much attention to the first week of equity market performance when it comes to its implications for the rest of the year.
00:00 Introduction by Helen Freer (Investment Writing)
00:27 Markets wrap-up by Jan Bopp (Investment Writing)
07:20 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research)
11:32 Closing remarks by Helen Freer (Investment Writing)
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