The Equities Strike Back (for now)
Tuesday 23rd April 2024
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The force of AI is strong it seems. It\u2019s certainly pushing equities back up again in the US ahead of earnings results for several of the Magnificent Seven later this week. Meanwhile, bond markets and currencies have calmed down, although the pound is weaker on expectations for an earlier cut by the Bank of England. Today PMIs for the UK, US and Europe will give a clearer indication of the relative strength of each economy and, perhaps, justify the different schedules being pursued by the various central banks. JBWere's Sally Auld talks through it all on today\u2019s podcast.
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