Moving Markets: Daily News

Concerns over the prospects of higher interest rates and the US company FedEx withdrawing its earnings forecast due to worsening business conditions are weighing on investor sentiment this Friday. Chinese data releases – while better than expected – did not help to calm investors’ nerves. Tim Gagie, Head of FX & PM Solutions Geneva, notes that the drop in the gold price is the most important development in precious metals markets this week. Carsten Menke, Head of Next Generation Research, speaks about the Ethereum Merge and highlights that its immediate benefits will not go beyond a reduction in energy consumption. Currently, it is macroeconomic factors that are driving price changes in crypto coins.

00:08 Introduction and markets wrap-up by Mike Rauber (Investment Writing)
04:23 FX & metals by Tim Gagie (Head of FX & PM Solutions Geneva)
07:36 Digital assets by Carsten Menke (Head of Next Generation Research)
10:27 Closing remarks by Mike Rauber (Investment Writing)

Show Notes

Concerns over the prospects of higher interest rates and the US company FedEx withdrawing its earnings forecast due to worsening business conditions are weighing on investor sentiment this Friday. Chinese data releases – while better than expected – did not help to calm investors’ nerves. Tim Gagie, Head of FX & PM Solutions Geneva, notes that the drop in the gold price is the most important development in precious metals markets this week. Carsten Menke, Head of Next Generation Research, speaks about the Ethereum Merge and highlights that its immediate benefits will not go beyond a reduction in energy consumption. Currently, it is macroeconomic factors that are driving price changes in crypto coins.

00:08 Introduction and markets wrap-up by Mike Rauber (Investment Writing)
04:23 FX & metals by Tim Gagie (Head of FX & PM Solutions Geneva)
07:36 Digital assets by Carsten Menke (Head of Next Generation Research)
10:27 Closing remarks by Mike Rauber (Investment Writing)

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.