Moving Markets: Daily News

The Bank of Canada joined the Reserve Bank of Australia by resuming rate hikes yesterday. Following the surprise 25-basis-point hike, US Treasury bonds sold off.  India’s government bonds also sold off despite the central bank there not hiking rates, but the Sensex stock index is heading towards record highs. Japan’s government bond yields also rose following news that Japan’s economy grew an annualised 2.7% in Q1 this year, higher than the expected 1.9%. Our Head of Next Generation Research, Carsten Menke, joins the show to update us on the iron ore market, and Nicolas Jordan, from the CIO Strategy & Investment Analysis team, provides the latest thoughts from our Investment Committee.

00:14 Introduction by Helen Freer (Investment Writing)
00:44 Markets wrap-up by Bernadette Anderko (Investment Writing)
03:34 Iron ore update by Carsten Menke (Head of Next Generation Research)
06:43 Update from the CIO Office by Nicolas Jordan (CIO Strategy & Investment Analysis)
09:18 Closing remarks by Helen Freer (Investment Writing)

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What is Moving Markets: Daily News?

Moving Markets is a daily market news briefing from Julius Baer. Our experts discuss the latest market developments and put the headlines in perspective to set you up for the coming day. The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.