The elephant in the room | MarketTalk: What’s up today? | Swissquote

Show notes

All major US indices advanced to fresh ATH yesterday; the S&P500 and Nasdaq 100 traded at the uncharted territory, while the Dow Jones Industrial index hit the 40’000 mark for the first time. Data showed weakness in economic activity and jobless claims hinted at loosening jobs market (although the Federal Reserve (Fed) members called for patience before rate cuts.
In China, industrial production rose more than expected, and we discuss in this episode why Chinese growth is not good news for US inflation…
In the FX, the USD index rebounded against most majors, the EURUSD sold off from an early week peak.
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