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Aug 2024
13m 12s

US economic data and the JPY in focus th...

JULIUS BAER
About this episode

Global equity markets staged a remarkable recovery from the panic at the start of last week, while government bonds and gold acted as effective hedges during the market turmoil. This week, all eyes will be on the US economic reports and whether they will show that the US economy is indeed set for a soft landing and lower inflation. There will be a lot of attention on the JPY after its recent movements were felt inglobal markets. In the US elections, Kamala Harris is leading in three key states according to the latest polls, brightening the outlook for the Democrats. Mensur Pocinci, Head of Technical Analysis Research, notes that after last week's turmoil, investors are likely to be over-pricing short-term risks, which is traditionally a promising sign for equity markets.

00:00 Introduction by Helen Freer (Investment Writing)

00:24 Markets wrap-up by Mike Rauber (Investment Writing)

07:48 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research)

12:00 Closing remarks by Helen Freer (Investment Writing)


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