Today's main event is undoubtedly the Federal Reserve's much-anticipated interest rate decision. Recent US economic data releases have been mixed, but investors are heavily betting on a 25 basis point cut. Meanwhile, German economic data has also been mixed as the country continues to navigate choppy waters. Over in Asia, a potential merger between Japanese car giants Nissan and Honda is making headlines. In commodities, cocoa prices have risen to new record highs, while oil and gold are trading in narrow ranges ahead of the US interest rate announcement. We're joined today by Leonardo Pellandini from our Equity Strategy Research team, who explains why US equities remain in favour.
00:00 Introduction by Bernadette Anderko (Investment Writing)
00:34 Markets wrap-up by Lucija Caculovic (Investment Writing)
06:56 Why US equities remain in favour: Leonardo Pellandini (Equity Strategy Research)
10:34 Closing remarks by Bernadette Anderko (Investment Writing)
Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.