08/05/2023 | 05:00pm EDT
Risk appetite is back on financial markets. Despite a slow start to the week, equity markets seem set to continue the rebound that began in June. Even if the reception given to the monthly employment figures in the United States, unveiled today, was rather cold, rekindling fears of another sharp rate hike by the Fed in September. Nancy Pelosi’s US visit to Taiwan, which triggered the ire of China, seems to have had no negative effect on investor confidence. As for corporate earnings, they remain surprisingly strong, a sign that consumers are holding up well for the time being after the price surge.
Weekly market update : Consumers are holding up well… So far
