EPISODE · Jul 29, 2024 · 14 MIN
Markets calm before the storm
from NAB Morning Call
Tuesday 30th July 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s been a quiet session, with shares and bond markets moving very little, as we await the Fed and some high-profile earnings results. We’ve seen very tight trading ranges, says NABs Skye Masters on today’s podcast. The mood music though is one of an anticipated slowdown. That’s why oil prices and industrial metals are down so much. McDonalds reported a fall in global sales in their latest earnings report. European GDP is the major number out today, a long with job openings for the US. And listen in for how US earnings results give a foretaste of where the US employment market is heading. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Tuesday 30th July 2024NAB Markets Research Disclaimer Financial Services Guide | Information on our services - NABIt’s been a quiet session, with shares and bond markets moving very little, as we await the Fed and some high-profile earnings results. We’ve seen very tight trading ranges, says NABs Skye Masters on today’s podcast. The mood music though is one of an anticipated slowdown. That’s why oil prices and industrial metals are down so much. McDonalds reported a fall in global sales in their latest earnings report. European GDP is the major number out today, a long with job openings for the US. And listen in for how US earnings results give a foretaste of where the US employment market is heading. Hosted on Acast. See acast.com/privacy for more information.
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Markets calm before the storm
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