Big spending, mixed rewards: Microsoft and Google delivered strong cloud growth, but investors reacted very differently to their cash flow numbers. Why?
Meanwhile, the Federal Reserve left rates unchanged but kept another hike firmly on the table as energy inflation threatens to spread. Markets found some breathing space, yet borrowing costs remain a challenge.
In Europe, attention turns to the ECB and Christine Lagarde’s response to mounting French sovereign bond stress. Will tighter financial conditions reduce the need for further rate hikes? And could reassurance about fragmentation support equities and the euro?
Watch the full episode to find out more!
Intro0:55 Fed pause
0:00 Mixed reaction to strong tech results
0:00 What will the ECB decide faced with tightened financial conditions
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