17 December 2024
Can US equity valuations be justified – Download Chart of the week
The Market Place – Download Market Data
- US markets saw mixed movements with strong performances in the tech sector, inflation data remains a key focus as markets anticipate a rate cut.
- Consumer spending trends improved, boosting retail and housing market sentiment. Inflation is still a concern with slower-than-expected progress towards targets.
- Eurozone financial markets grapple with persistent inflation, slowing economic growth, ECB tightening, energy concerns, and mixed recovery signals across member states.
- Asian financial markets face mixed dynamics, with China’s slight recovery and Japan maintaining its monetary easing policy.
