Artificial Intelligence continues its ascent

Nvidia became the second biggest company in the world yesterday as its market value exceeded USD 3 trillion, whilst ASML pushed LVMH aside to take over the number 2 spot in European markets. Other technology stocks also performed well – pushing their indices to new all-time highs. Markets now await more the discussion than the decision when it comes to the ECB later today: whilst the rate cut is firmly priced in, what Christine Lagarde says afterwards will be the main focus. Norbert Rücker, Head of Economics & Next Generation Research, joins the podcast to explain his ‘Cautious’ outlook for the oil markets.

00:00 Introduction by Helen Freer (Investment Writing)

00:34 Markets wrap-up by Bernadette Anderko (Investment Writing)

05:18 Update on oil / OPEC meeting by Norbert Rücker (Head of Economics & Next Generation Research)

08:44 Closing remarks by Helen Freer (Investment Writing)

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