About this episode
LVMH and Richemont earnings reports drove luxury stocks higher last week, with Eurozone equities outperforming. US equities underperformed, but still reached an all-time high. This week will be all about the Fed, but also the Bank of England’s interest rate decision. Alphabet, Apple, Amazon, Microsoft and Meta (five of the Magnificent 7) will also likely drive markets as they report earnings. Geopolitical tensions will be in focus after the first US troops were killed in the Middle East since hostilities between Israel and Hamas began. Mensur Pocinci, Head of Technical Analysis, notes that the path of least resistance in the markets is for bond yields to fall and (US growth) equities to rise. 00:00 Introduction by Lucija Caculovic (Investment Writing) 00:27 Markets wrap-up by Mike Rauber (Investment Writing) 06:18 Technical analysis update by Mensur Pocinci (Head of Technical Analysis) 09:19 Closing remarks by Lucija Caculovic (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.