US equities down for a third day in a row

Global financial markets are in defensive mode, after US equities were lower for a third day in a row yesterday, and commodities experienced their biggest single drop yesterday since early July. On the bright side, US gasoline prices are now below levels the day the war in Ukraine started, giving a boost to consumer confidence. Economic data releases out of China and Japan came in better than expected. David Meier, Macro & Next Generation Research, explains how the EUR is caught between the ECB on a tightening course and high energy prices. Mathieu Racheter, Head of Equity Strategy, provides his outlook in the year-end given the market turmoil. 00:08 Introduction and markets wrap-up by Mike Rauber (Investment Writing) 04:17 Currencies in the wake of Jackson Hole by Dave Meier (Macro & Next Generation Research) 07:36 Year-end outlook: subsector overview by Mathieu Racheter (Head of Equity Strategy) 10:02 Closing remarks by Mike Rauber (Investment Writing)