Booming markets neutralise impact of Fed's interest rate rises FT News Briefing

Rising stock prices and falling bond yields in the US have essentially neutralised the impact of the Federal Reserve’s interest rate rises, western oil and gas majors are expected to face renewed scrutiny of their energy transition plans, and China’s metals and mining investments overseas are on track to hit a record this year. Plus, the private equity owners of German sandal maker Birkenstock are considering an initial public offering of the company. 
Mentioned in this podcast:
US stocks notch longest monthly winning streak in two years
Booming markets neutralise impact of rate rises on US corporate fundraising
China’s overseas investment in metals and mining set to hit record
Oil majors to face energy transition scrutiny as war profit boost fades
Birkenstock owner eyes $8bn valuation in September IPO
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. Additional help from Monica Lopez, Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music. 
Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.