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Powell closes the door for a March rate cut

Powell closes the door for a March rate cut

FromMoving Markets: Daily News


Powell closes the door for a March rate cut

FromMoving Markets: Daily News

ratings:
Length:
16 minutes
Released:
Feb 1, 2024
Format:
Podcast episode

Description

The Fed held interest rates steady yesterday but pushed back on the prospect of rate cuts in March. US equities took a hit on Wednesday after some of the biggest names failed to live up to high expectations, dragging European markets lower in the afternoon session. Softer price data out of Europe and concerns over a regional US bank led to a rally in bonds. Norbert Ruecker, Head of Macro & Next Generation Research, shares his latest insights on the oil market, and Ronny Kaufmann from our CIO Office talks about the ongoing earnings season.00:00 Introduction by Bernadette Anderko (Investment Writing)00:30 Markets wrap-up by Jan Bopp (Investment Writing)06:11 Commodity update by Norbert Rücker (Head of Economics and Next Generation Research)09:17 Latest from the Investment Committee by Ronny Kaufmann (CIO Strategy & Investment Analysis)14:30 Closing remarks by Bernadette Anderko (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player. 
Released:
Feb 1, 2024
Format:
Podcast episode

Titles in the series (100)

Moving Markets is a daily market news briefing from Julius Baer. Our experts discuss the latest market developments and put the headlines in perspective to set you up for the coming day. The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.