Daily Alert – Thursday 18th July 2024: Nadaq tumbles on fears of China trade restrictions

Mark NugentDaily Alert, July 2024

Daily Alert – Thursday 18th July 2024: Nasdaq tumbles on fears of China trade restrictions Good afternoon. The European Central Bank held the key rate at 3.75% as expected. President Lagarde said she expects the currently elevated wage growth to lessen in the second half of the year. Markets expect 25-basis-point cuts in September and December, with a hold in …