Market View: Can the airline sector cope? European Central Bank's jumbo rate hike, Snap, Barbie, Didi episode artwork

EPISODE · Jul 22, 2022 · 20 MIN

Market View: Can the airline sector cope? European Central Bank's jumbo rate hike, Snap, Barbie, Didi

from Your Money with Michelle Martin · host MONEY FM 89.3

With United Airline's 2nd quarter, record-high earnings being unable to stop its shares from plummeting due to high costs, what does this mean for the airline sector now? Are Asian carriers coping better than Western carriers? Also, what does the European Central Bank's latest big rate hike mean for EU, US and other equities? Why have Snap shares plunged overnight and what does this signal further trouble ahead for social media companies? Michelle Martin talks to Yeap Jun Rong, Market Strategist, IG to answer these burning questions and more.See omnystudio.com/listener for privacy information.

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Market View: Can the airline sector cope? European Central Bank's jumbo rate hike, Snap, Barbie, Didi

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