? 30 Second Market Brief (18 Nov 2024)

? 30 Second Market Brief (18 Nov 2024)

Sean Cohen Sean Cohen

Sean Cohen

Offshore Investment Advisor for South Africans | Tax-Efficient Structuring | Author of the 30 Second Market Brief | Protecting South Africans' Financial Futures

发布日期: 2024年11月18日
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Stay informed without the time commitment.

Here's this week's 30-Second Summary.

Let's dive in.

International Update

Global Market News Summary

  • Uncertainty over Trump's policies, US markets retreat.
  • US inflation in line with expectations, up 2.6% yearly.
  • US Fed "not in a hurry" to cut rates, economy stable.
  • Republicans to control both US House & Senate.
  • OPEC cuts oil demand forecast, slow demand in China.
  • UK hints possible rate cuts, dependent on stable economy.
  • UK economy slows, struggles with sustained inflation.
  • Japan’s Ishiba stays PM, plans $87bn stimulus package.
  • China deflation persists, negatively impacting retail sales.

  • Positive:?N/A.
  • Negative: Dow Jones (-1.24%), S&P 500 (-2.08%), Nasdaq (-3.15%), Euro Stoxx 50 (-0.16%), FTSE 100 (-0.11%), Nikkei 225 (-2.17%), Hang Seng (-6.58%), Shanghai Composite (-3.52%).

South African Update

South African Market News Summary

  • SA announces measures to secure JHB's water supply.
  • Lebombo border post closed due to Mozambique protests.
  • JSE ALSI?falls by -1.47%, Resources fall -6.02%.
  • Rand weakens to R18.19/$, down 3.42%.

Week Ahead

The Week Ahead

  • UK Inflation data (Wed).
  • UK Retail & PMI data (Fri).
  • Earnings continue, eyes on Nvidia (Wed).
  • US Housing updates (Throughout Week).
  • US Fed to speak post elections (Throughout Week).

And that's it. You're all caught up for the week.

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Sean ??

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The 30 Second Market Brief ?? The 30 Second Market Brief ??

The 30 Second Market Brief ??

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Emanuel Balsa

I educate 10,000+ people CRUSH confusion by turning complex ideas into simple wins ?? Change your behaviors, finances and career ?? 13 years of research

5 天前

It's impressive to see how you've connected with your audience! That quick, simple approach is spot on. People value clarity over complexity.

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Rob Hall

Regional Director - Johannesburg West, East and South, and Fractional CFO at The CFO Centre

5 天前

Congrats Sean. Consistency counts. Keep them coming.

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Sam Burrows

Reliable Lead Generation Partner for Financial Advisers | Meet with 15-50+ Extra HNW Individuals Each Month

6 天前

Congrats on the milestone Sean - well deserved. Where do you see the rand going from here?

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Ignacio Ramirez Moreno, CFA

Finance nerd ?? | Posts about investing, trading, research & financial markets ??

6 天前

Well done and keep up the great work, Sean! ?? LinkedIn is a super powerful tool if used properly. ??

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Bianca Steyn

Client Relationship Manager, Carrick Wealth (BCom Strategic Management)

6 天前

Well done Sean, epic achievement ????

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