Moving Markets

Julius Baer

US equity markets sneezed on Friday but Asia hasn’t caught the cold

NOV 2, 202611 MIN

Description

The last trading day of October saw the rotation trade continue with the Nasdaq Composite and S&P 500 falling more than the blue-chip Dow Jones, which was also the only one of the three indices to end the month higher than it began it. Asian markets - with the exception of Japan - have rallied at the start of this week, and there has been good news in China, signalling that authorities have renewed their efforts to halt a slump. In a week where investors might become distracted by US politics, Head of Technical Analysis, Mensur Pocinci, delves into the mechanics of the US equity sell-off to untangle the moves in the IT and Communications sectors, and what they might mean for investors (00:00) - Introduction: Helen Freer, Product & Investment Content (00:41) - Markets wrap-up: Bernadette Anderko, Product & Investment Content (07:23) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis (10:21) - Closing remarks: Helen Freer, Product & Investment Content 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.