It looks like 1998, rather than 2000

Softer inflation data supported sentiment in the eurozone, while in the US, comments by Fed chair Kevin Warsh on inflation and a weaker-than-expected labour market report lifted equities last week. Gold rose and the USD weakened. Brent crude is holding near USD 72 despite OPEC+ announcing an output increase over the weekend. In Asia, attention is on SK Hynix ahead of its USD 29 billion US listing, which could become the largest-ever foreign IPO. SpaceX is also in focus as the expiry of the analyst quiet period is expected to trigger a wave of research reports and price targets. Mensur Pocinci, Head of Technical Analysis, discusses, among other topics, why US equity market behaviour may be more reminiscent of 1998 than 2000.

• (00:00) - Introduction: Helen Freer, Product & Investment Content
• (00:51) - Markets wrap-up: Mike Rauber, Product & Investment Content
• (06:37) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis Research
• (10:09) - Closing remarks: Helen Freer, Product & Investment Content

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