Moving Markets: Daily News

European markets closed lower on Wednesday after the positive sentiment induced by the weekend’s interim trade deal between China and the US seemed to run of steam. The Dow Jones closed in the red, although the S&P 500 and Nasdaq Composite closed the day slightly higher, mainly driven by the mega-cap names and a few select beneficiaries of President Trump’s trade deals in Doha. US Treasury prices and gold felt the effect of easing trade tensions, as well as the market revising its expectations of Fed rate cuts in 2025. Asia’s equity markets were lower today. Carsten Menke, Head of Next Generation Research, joins the podcast to provide extra insight into gold’s move lower.

00:00 Introduction: Helen Freer, Investment Writing
00:24 Markets wrap-up: Bernadette Anderko, Investment Writing
05:47 Gold: Carsten Menke, Head of Next Generation Research
09:16 Closing remarks: 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.