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Podcast : Financial Market Preview - Monday 12-Aug

Published 2024-08-12, 06:42 a/m

US futures are indicating a flat open today. European equity markets are trading little higher, continuing their recent rally, while Asian markets finished mixed on Monday. Market attention is focused on key data releases this week, including US CPI and retail sales figures, which could influence the Federal Reserve's monetary policy. The soft-landing narrative has gained traction, particularly following a strong market reaction to soft payroll data. Geopolitically, the US is sending additional forces to the Middle East in anticipation of a possible Iranian attack on Israel. In Europe, Moscow has reported that Ukrainian troops have advanced 30 kilometers inside Russia, as the offensive in the Kursk region entered its sixth day.

Companies Mentioned: Partners Group Holding, TPG, Inc.

 

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