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Market Insights Podcast (Episode 428)

OANDA Senior Market Analyst Craig Erlam reviews the latest market news with Jonny Hart. They discuss the nervy start to the week, the RBA rate hike, oil, and the day ahead.

07-02-2023 05:00 GMT by Craig Erlam

US Close: Stocks lower on earnings and geopolitical risks, Dollar strength, Oil rises on demand hopes, Gold crushed, Bitcoin steadies

US stocks are declining on poor earnings and mounting geopolitical risks that will likely make it harder for disinflation trends to remain strong. Earnings season may also get the name layoff season as more companies announce their job reduction measures. Today, Dell confirmed they will lose about 6,650 jobs. Much of Wall Street is getting nervous over US-China tensions. A few months ago, China was not investable.

06-02-2023 15:22 GMT by Edward Moya