Major US stock indices eked out only minor gains yesterday as investors remained cautious ahead of the Fed’s preferred measure of inflation (PCE), due tomorrow. Shares in chipmaker Micron Technology slumped in afterhours trading yesterday, with reverberations being felt across Asia-Pacific markets today. Norbert Rücker, Head of Economics & Next Generation Research, shares his thoughts on the drivers behind the recent rebound in oil prices.

00:00 Introduction by Helen Freer (Investment Writing)

00:24 Markets wrap-up by Jonti Warris (Investment Writing)

06:09 Oil update by Norbert Rücker (Head of Economics & Next Generation Research)

11:01 Closing remarks by Helen Freer (Investment Writing)

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Asian tech stocks hit by US chipmaker woes