Stock markets stuck in the Fed’s headlights, whilst energy headlines abound

US and Asian stock markets closed fairly flat yesterday and overnight, with only Hong Kong seeing any meaningful gains, based on local news reporting of further covid restrictions being lifted. Investors now await more economic data this week for clues on what to expect from the US Federal Reserve next week. Amidst the oil, gas and coal headlines dominating the newswires, Norbert Rücker, Head of Macro and Next Generation Research, updates us on global energy markets. Nicolas Jordan from the CIO Office fills us in on the investment committee’s thoughts about year-end. 00:14 Introduction and markets wrap-up by Bernadette Anderko (Investment Writing) 03:57 Global energy situation by Norbert Rücker (Head of Macro & Next Generation Research) 07:41 IC update by Nicolas Jordan (CIO Strategy & Investment Analysis) 09:13 Closing remarks by Bernadette Anderko (Investment Writing)