Daily Market Commentary 17th April 2024
Markets are on high alert, closely following the situation developing in the Middle East, which has the capacity to increase market volatility. Oil prices will
Markets are on high alert, closely following the situation developing in the Middle East, which has the capacity to increase market volatility. Oil prices will
The Iranian large-scale missile/drone attack on Israel, in retaliation for Israeli attack on their Syrian consulate, raised fears over the weekend that markets may panic
US equity markets tumbled again Friday, stoked by fears of persistent inflation, which is not going away. US inflation has been on a steep decline,
The ECB left rates unchanged, as expected, but reinforced the previous narrative, that inflation easing will allow interest rate cuts. The ECB are reading the
US CPI inflation data was hotter than expected, reversing the trends lower, spiking up to 3.5%. This combined with the Fed Minutes, confirming the need
Markets were nervous ahead of the key US CPI inflation number, due out tonight. Inflation in the US is expected to spike back upwards, sending
Markets opened the trading week on a positive note, with equities and bond yields both inching higher, leading into a big week of data and
The Non-Farm Payroll number beat expectations, further fuelling speculation the Fed may continue to defer interest rate cuts, which appears to be the preferred default
Equity markets turned positive in Europe overnight, buoyed by some positive economic news and prospects of interest rate cuts. European Services and Composite PMI showed
European inflation continues to tumble lower, with both Austrian and EU headline inflation, falling for March. EU inflation fell more than expected, from 2.6% to
The Iranian large-scale missile/drone attack
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