))
AHR Weekly Market Update - Monday 14th October
Manage episode 445127070 series 2891086
Innhold levert av AHR Weekly Market Update. Alt podcastinnhold, inkludert episoder, grafikk og podcastbeskrivelser, lastes opp og leveres direkte av AHR Weekly Market Update eller deres podcastplattformpartner. Hvis du tror at noen bruker det opphavsrettsbeskyttede verket ditt uten din tillatelse, kan du følge prosessen skissert her https://no.player.fm/legal.
Welcome to this week’s AHR market review for the week ending 13th October 2024.
The US equity markets surged to fresh record highs this week, while emerging markets, particularly China, saw a pause following their recent rally spurred by stimulus measures.
In the United States, inflation data revealed a modest increase. The consumer price index (CPI) rose by 0.2% in September, matching the previous month’s rise.
On an annual basis, inflation eased to 2.4%—the smallest increase since February 2021—down from a 2.5% rise the previous month.
Also, during the week, earnings season began in earnest, with two major US banks posting strong third-quarter results, helping to lift their shares.
Following the recent rally in Chinese equities, China’s National Development and Reform Commission reiterated its commitment to ramping up countercyclical measures to support growth.
Across global markets, US equities rose more than 1% for the week, led by financial stocks.
That’s all for this week’s AHR Weekly Podcast. Thank you for listening and for further investment insights head over to ahrprivatewealth.com.
165 episoder
Del
