Equities rebounded sharply at the start of the session in the US, but lost ground, but are still up on the day. The exception being the NASDAQ but, as Phil Dobbie discusses with NAB’s Gavin Friend, there is more of a risk-on mood today. So did the ‘correction’ go too far? They also look at the market reaction to Angela Merkel’s decision to stand down at the next election (some way off yet), and how the UK budget spooked the NASDAQ.
Equities rebounded sharply at the start of the session in the US, but lost ground, but are still up on the day. The exception being the NASDAQ but, as Phil Dobbie discusses with NAB’s Gavin Friend, there is more of a risk-on mood today. So did the ‘correction’ go too far? They also look at the market reaction to Angela Merkel’s decision to stand down at the next election (some way off yet), and how the UK budget spooked the NASDAQ.