True Potential Morning Markets

Three major US banks announced earnings from the most recent quarter on Friday, which will impact both share prices and the wider markets. Paul Durrans, Investment Director, explains why the announcements from JP Morgan, Wells Fargo and Citibank are ahead of analyst’s expectations, while looking ahead to other corporate results set to be announced this week.

Matt Henderson, Portfolio Manager, details the latest US inflation data, looking at how markets are reacting to a continued fall in core inflation. He also breaks down how headline inflation in the US is effecting assets and what this means for future Federal Reserve interest rate changes.

Could bond market movements impact inflationary pressures and interest rates? The recent market moves with both equity and bond yields are leading the Federal Reserve to potentially reconsider their position on interest rates.

Yesterday both equity and sovereign bond markets rallied, but what influenced these moves? Additionally, with Q3 Corporate Earnings season beginning, Investors watch closely to see how financial results compare to analyst estimates and whether this is correctly reflected by their share prices.

Following the tragic invasion of Israel over the weekend, global markets begin to react to and concern grows around what this means for global oil and gas prices. George Bell, Portfolio Manager, breaks down this market reaction and how sanctions on Iran could disrupt headline inflation.

Today, we discuss the ramifications of surprising Employment data below expectations. With an economy that continues to defy expectations, only 336,000 jobs were added through September, mainly in part-time and Government roles. As wage growth equally comes in below expectations (0.02% month by month), how will the Federal Reserve and Central Banks react?

Today, we discuss global employment data as this is representative of the strength of the economy and is a critical factor in how Central Banks alter interest rates. In the manufacturing sector, we are seeing a weakness in employment, however, countries such as the US are using tourism to create a strong labour force. 

What are the reasons behind recent market moves? George Bell, Portfolio Manager, takes a look at what has been impacting market volatility and the effect this has had on investors.

Yesterday saw the release of the Job Openings and Labour Turnover Survey (JOLTS) in the US, producing some unexpected results. Paul Durrans, Investment Directors, reveals how this demonstrates the resilience of the US jobs market, while also looking ahead to the three other data sets being released this week.

The US economy continues to exhibit strength, with manufacturing data recording its best results since November 2022. What could this mean for investors?