Markets digest data, earnings and an assassination attempt
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European and US markets closed the week higher with some stock rotation in evidence after Thursday’s US CPI data fuelled optimism of a first Fed rate cut in September. The big banks started to announce Q2 earnings, and more than 40 S&P 500 companies are due to report second-quarter earnings this week. Then came the shock attempt on Donald Trump’s life at a rally in Pennsylvania. He escaped serious injuryand as he plans the next stages of his presidential campaign, pollsters currently see a higher likelihood of him winning the race. Mensur Pocinci, Head of Technical Analysis, gives his insights into where the markets might go from here.
00:00 Introduction by Helen Freer (Investment Writing)
00:28 Markets wrap-up by Bernadette Anderko (Investment Writing)
08:00 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research)
10:53 Closing remarks by Helen Freer (Investment Writing)
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