ECB cuts rates and we like German equities

The ECB cut its deposit rate yesterday, but did not commit to further rate cuts. Eurozone banks rallied the most on the prospect of fewer rate cuts than previously expected. Microsoft and Nvidia may face antitrust investigation in the US. Two giant banks, Mitsubishi UFJ and Sumitomo Mitsui, are to start selling their strategic stakes in Toyota Motor worth around USD 8.5 billion, illustrating that corporate reform in Japan is for real. India's financial markets are returning to calm after the surprise outcome of the national elections, while European parliamentary elections are in focus this weekend. Leonardo Pellandini, Equity Strategy Research, explains why we like German equities.

00:00 Introduction by Helen Freer (Investment Writing)

00:21 Markets wrap-up by Mike Rauber (Investment Writing)

06:26 German equities by Leonardo Pellandini (Equity Strategy Research)

09:43 Closing remarks by Helen Freer (Investment Writing)

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