Episode 473
Back to soft-landing dreaming. | MarketTalk: What’s up today? | Swissquote
🇬🇧 Stay ahead of the markets with Swissquote
August 16, 202410m 35s
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Show Notes
The market mood got a further boost yesterday after the latest data release from he US hinted that the economy is not doing that bad, after all. The US yields and the dollar rebounded, stocks and crude oil gained.
Investors are now going back to the soft-landing dreaming and that will – along with the rising JPY carry trades – should help the markets close the week on a positive note in Europe and the US.
Things look less rosy for China though. Although Alibaba and JD.com are in a better shape today, the Q2 results were less than ideal and the latest data from China was less than appetizing. And the sluggish Chinese growth keeps oil and metals under pressure and counters the reflation vibes.
Listen to find out more !