Fed signals end to rate hikes, luxury goods stocks slump after weak LVMH earnings, and oil higher after Israel attacks

On this week’s Money and Markets podcast Danni Hewson is joined by Tom Sieber from Shares magazine to discuss another volatile week on the markets.  Investors have clearly been shaken by those awful scenes in the Middle East and there are a lot of eyes watching the oil price.  Comments from Federal Reserve officials suggesting no further rate hikes are likely to be needed in the US saw markets return to the front foot ahead of the third quarter earnings season.  Tom talks through what investors will be looking out for as companies ready their quarterly updates while Danni discusses why the latest numbers from luxury goods maker LVMH disappointed investors. Danni and Tom consider the Birkenstock IPO and whether the iconic footwear brand can do better in the US than Dr Martens has on the UK market. Also this week: Dan Coatsworth talks to James Henderson from Law Debenture about what it would take for UK stocks to bounce back, and the fund manager gives his thoughts on ITV and Rolls-Royce.

There are no comments yet.

Please log in to write the first comment.