Monday Market Highlights: 8 April 2024

In this week’s Monday Market Highlights, Equity Trading Manager Will McVeagh covers the continued focus on the macro landscape, with large moves in rates, commodities and currencies. He also looks into the reasons behind the recent gold surge, and how oil is being impacted by continuing geopolitical tensions. He discusses data releases, including the RBA’s minutes of its March board meeting, and US employment data. In equity news, Will covers glass bottle maker Orora’s disappointing results, and Tesla’s share fall following a drop in vehicles in the first quarter, and first annual decline since 2020.

 

This podcast is intended to provide general information only. It does not take into account your investment needs or personal circumstances. It is not intended to be viewed as investment or financial advice. Should you require financial advice you should always speak to a Financial Adviser. Past performance is not a reliable indicator of future performance. Milford is an active fund manager with views and portfolio positions subject to change.