13 min listen
Positive US data releases again
ratings:
Length:
11 minutes
Released:
Feb 28, 2023
Format:
Podcast episode
Description
After three weeks of losses, US equities staged a minor advance on Monday as better-than-expected US economic data releases fueled the higher-for-longer interest rate narrative. This is also helping to push the US dollar higher for the first time in four months, even as ECB officials are also stressing the need for higher interest rates. David Kohl, Chief Economist, adds more colour to the growth and inflation dynamics in the eurozone and the US, and explains why we now expect further rate hikes not only from the ECB but also from the US Federal Reserve.00:14 Introduction and markets wrap-up by Mike Rauber (Investment Writing)04:37 US and Eurozone growth outlook by David Kohl (Chief Economist)09:38 Closing remarks by Mike Rauber (Investment Writing)
Released:
Feb 28, 2023
Format:
Podcast episode
Titles in the series (100)
Sad news rattles early trading: The shocking news of former Japanese Prime Minister Shinzo Abe being shot injected uncertainty into the early trading session. Thomas Caflisch, Head of FX and Precious Metals Solutions, speaks about the euro, which has hit a 20-year low against the US dol by Moving Markets: Daily News