Moving Markets: Daily News

Global equity markets have largely recovered their losses since 2 April, or Liberation Day, with Australia, Mexico and Germany's DAX among the best performers. Warren Buffett will step down as the CEO of Berkshire Hathaway at the end of the year after 45 years. Brent oil falls below USD 60 a barrel, a four-year low, after OPEC+ announces further supply increases. The Taiwan dollar has jumped 5% against the USD, its biggest intraday gain in 30 years, sparking speculation that Asian countries are seeking to revalue their currencies to win US trade concessions. Mensur Pocinci, Head of Technical Analysis Research, notes that Germany's DAX index is within 2% of its all-time high, reflecting its relative strength against US equities.

00:00 Introduction: Helen Freer, Investment Writing
00:31 Markets wrap-up: Mike Rauber, Investment Writing
06:28 Technical Analysis update: Mensur Pocinci, Head of Technical Analysis
10:37 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.