Big tech rallies while subdued German data disappoints

01/09/24 • 17 min

While a string of economic data prints out of Germany disappoint, big tech made a comeback yesterday, with the Nasdaq Composite posting its best daily return since November. After Swiss inflation remained stable in December, the Swiss franc shows renewed strength and the SMI is one of the few European indices in positive territory year to date. And Mark Matthews, Head of Research Asia, talks to us about the health of the Japanese equity market and why he sees India as a rose among the thorns.

00:00 Introduction by Helen Freer (Investment Writing)

00:34 Markets wrap-up by Jonti Warris (Investment Writing)
06:36 Asia update: India, China and Japan by Mark Matthews (Head of Research Asia)

16:12 Closing remarks by Helen Freer (Investment Writing)

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00:00 Introduction by Helen Freer (Investment Writing)

00:34 Markets wrap-up by Jonti Warris (Investment Writing)
06:36 Asia update: India, China and Japan by Mark Matthews (Head of Research Asia)

16:12 Closing remarks by Helen Freer (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.

Previous Episode

The end of a rocky first week in financial markets

A string of hawkish comments, a rise in inflation rates in Europe and a strong US employment report last week had market participants worried that interest rates were set to stay higher for longer than they had hoped, putting stocks and bonds on course for one of the worst starts to the year in a decade. In China, investors are faced with the shadow banking giant Zhongzhi filing for bankruptcy, marking one of China’s biggest-ever corporate collapses. Mensur Pocinci, Head of Technical Analysis, joins the show today to discuss the technical setup of the market and why you shouldn’t pay too much attention to the first week of equity market performance when it comes to its implications for the rest of the year.

00:00 Introduction by Helen Freer (Investment Writing)

00:27 Markets wrap-up by Jan Bopp (Investment Writing)

07:20 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research)

11:32 Closing remarks by Helen Freer (Investment Writing)

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Next Episode

Today is a big day for Bitcoin

As global equities continue to struggle, Japanese equities are hitting highs last seen in 1990. US Treasury yields are higher ahead of tomorrow’s US inflation data while investors continue to look for clues as to the state of the US economy and the direction of interest rates. Bitcoin had a volatile evening yesterday following a false report that the US Securities and Exchange Commission had approved a spot Bitcoin ETF. Dario Messi from Fixed Income Research joins today’s show to shed some light on the US fiscal budget and bond issuance, and Mathieu Racheter, Head of Equity Strategy, tells us what to expect from the earnings season that’s just around the corner.

00:00 Introduction by Bernadette Anderko (Investment Writing)

00:24 Markets wrap-up by Lucija Caculovic (Investment Writing)
05:38 Bond marker update by Dario Messi (Fixed Income Strategy)

10:20 Earnings Season Preview by Mathieu Racheter (Head of Equity Strategy)

13:25 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.