Markets dominated by politics

US stocks barely moved on Friday. President Joe Biden, House Speaker Kevin McCarthy, and other congressional leaders are planning to meet on Tuesday to discuss budget negotiations in order to avoid a US government default. In the Turkish presidential election, President Erdogan failed to win a majority of the votes, leaving him with 49.3% of the votes and his opponent, Kemal Kilicdaroglu, with 45%. Mensur Pocinci our Head of Technical Analysis provides a technical update on Chinese financial markets following the steep decline in Chinese interest rates.00:14 Introduction by Bernadette Anderko (Investment Writing)00:33 Markets wrap-up by Alexander Petersen (Investment Writing)04:14 Technical analysis update by Mensur Pocinci (Head of Technical Analysis)06:20 Closing remarks by Bernadette Anderko (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.