US equity markets fell yesterday as investors digested comments from four Federal Reserve officials that the Fed needs to continue to raise interest rates to fight inflation. European markets were mixed, while Turkey’s stock exchange suspended trading for the first time in 24 years in the wake of the tragic earthquakes there. Norbert Rücker, Head of Macro & Next Generation Research, provides an update on the oil market; Mathieu Racheter, Head of Equity Strategy, explains his preference for European banks over US banks; and Nicolas Jordan, CIO Strategy & Investment Analysis, provides details on the latest discussions with regard to the bank’s investment strategy.
00:14 Introduction and markets wrap-up by Helen Freer (Investment Writing)
03:56 Oil market update by Norbert Rücker (Head of Macro & Next Generation Research)
06:37 European banks by Mathieu Racheter (Head of Equity Strategy)
09:12 Investment Committee update by Nicolas Jordan (CIO Strategy & Investment Analysis)
11:30 Closing remarks by Helen Freer (Investment Writing)