Weak payrolls lift stocks, but yields stay elevated

Equity markets rallied on Friday after a surprisingly weak US jobs report fuelled hopes that the Federal Reserve may remain on hold for longer. However, enthusiasm was tempered by another rise in Treasury yields, with the US 10-year yield hovering near multi-decade highs. Meanwhile, geopolitical tensions in the Middle East remain elevated, keeping investors focused on energy markets despite a coordinated release of emergency fuel reserves by G7 countries. In today's show, Mensur Pocinci, Head of Technical Analysis, shares his views on European equities, the euro, and what the current market environment means for investors.(00:00) - Introduction: Roman Canziani, Head of Product & Investment Content (01:36) - Markets wrap-up: Lucija Caculovic, Product & Investment Content (08:35) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis (11:51) - Closing remarks: Roman Canziani, Head of Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.