Markets upbeat on US inflation and quarterly earnings
Jul 15, 2024 ·
5m 57s
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Description
Eurizon Weekly 15.07.24. The much anticipated June inflation reading in the US surprised investor expectations last week in part by coming in weaker than forecast. The overall reduction of yields,...
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Eurizon Weekly 15.07.24. The much anticipated June inflation reading in the US surprised investor expectations last week in part by coming in weaker than forecast. The overall reduction of yields, and the possibility of the macro picture enabling the Fed to open the rate cut cycle, and the ECB to consolidate the accommodative policy already being implemented, was welcomed by the stock markets as well, although caution prevailed ahead of the opening of the quarterly earnings seasons. Investor focus is still mainly on macro data, although some political and geopolitical factors, such as the race for the US presidency, should also be closely monitored. Andrea Conti, Head of Macro Markets at Eurizon, takes a closer look. Audio recorded on 15 July 2024.
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Information
Author | EURIZON |
Organization | EURIZON |
Website | - |
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