US awaits more labour market data

A string of labour-focused data releases in the US has the potential to move markets at the end of this week. Meanwhile in Europe, traders are increasing their bets on monetary policy easing from the European Central Bank and are now pricing in six quarter-point rate cuts in 2024. In Asia, Chinese imports and the auction of a 30-year Japanese government bond both disappointed. In commodities, oil stabilised after several days of declines and US gasoline prices hit their lowest level since 3 January 2023. Carsten Menke, Head of Next Generation Research, joins today’s show to explain what’s going on in the gold market.00:00 Introduction by Helen Freer (Investment Writing)00:28 Markets wrap-up by Lucija Caculovic (Investment Writing)05:40 Gold update by Carsten Menke (Head of Next Generation Research)09:25 Closing remarks by Helen Freer (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.