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Eurizon's podcast

Stock markets weak on US labour market and ahead of the ECB and Fed decisions

09 Sep 2024

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Eurizon Weekly 9 Sep. 2024. US labour market data came in weaker than expected, but showed that the normalisation phase continues. The data were consistent with soft landing scenario, but start to justify a monetary policy easing. The interest rate market reacted by staying on a downtrend. Profit-taking on the stock markets. Focus is now on the ECB and the Fed. Stefano Cucchi of the Eurizon Macro Research & Product Specialist team reports. Audio recorded on 9 Sep. 2024.

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