• AHR Weekly Market Update - Monday 19th August

  • Aug 27 2024
  • Durata: 4 min
  • Podcast

AHR Weekly Market Update - Monday 19th August

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  • Riassunto

  • Welcome to this weeks AHR market review for the weeks ending the 16th August 2024.

    The U.S. stock market saw a rebound, driven by optimistic inflation data and hopes for a potential Federal Reserve interest rate cut in September.

    European equities benefitted from the improved sentiment surrounding U.S. inflation data, although economic concerns continued to persist.

    In Asia, markets were more mixed. Japan saw a sharp market downturn earlier in the month following a surprise interest rate hike by the Bank of Japan (BOJ), which sent shockwaves across global markets.

    In commodities, oil prices continued to fluctuate due to geopolitical factors and supply constraints, especially as Russia and Saudi Arabia extended production cuts.

    In summary, the week ended with market recovery in the U.S. and cautious optimism globally.

    That’s all for this week’s AHR Weekly Podcast. Thank you for listening and for further investment insights head over to ahrprivatewealth.com
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