After a cautious start to Q2, equity markets regained their stride in Wednesday’s session climbing higher across regions. The Federal Reserve Chairman Jerome Powell said that the Fed is still in wait-and-see mode when it comes to rate cuts, but markets took more comfort from the fact that he reaffirmed that the Fed is likely to cut rates this year. Our Head of Economics & Next Generation Research, Norbert Rücker, explains the different narratives at play in the oil market and what they might mean for the future trajectory of the oil price, and Head of Equity Strategy, Mathieu Racheter, makes the case for his upgrade of global industrial stocks to Overweight.

00:00 Introduction by Helen Freer (Investment Writing)

00:28 Markets wrap-up by Bernadette Anderko (Investment Writing)

06:09 Oil by Norbert Rücker (Head of Economics & Next Generation Research)

10:05 Industrials upgrade by Mathieu Racheter (Head of Equity Strategy)

14:37 Closing remarks by Helen Freer (Investment Writing)

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