Moving Markets

The US federal Reserve delivered the expected 50 basis point hike yesterday, but stock markets were disappointed by the indication that officials expect to keep rates higher in 2023, with no reductions expected until 2024. European stock markets now nervously await decisions from the ECB, Swiss national Bank and Bank of England. Carsten Menke, Head of Next Generation Research talks us through why he expects the recent recovery in gold and silver prices to run out of steam soon, and Nicolas Jordon updates us on the latest thoughts from the bank’s investment committee.

00:14 Introduction and markets wrap-up by Bernadette Anderko (Investment Writing)
03:47 Gold & Silver update by Carsten Menke (Head of Next Generation Research)
06:58 IC Meeting update by Nicolas Jordan (CIO Strategy)
09:49 Closing remarks by Bernadette Anderko (Investment Writing)

Show Notes

The US federal Reserve delivered the expected 50 basis point hike yesterday, but stock markets were disappointed by the indication that officials expect to keep rates higher in 2023, with no reductions expected until 2024. European stock markets now nervously await decisions from the ECB, Swiss national Bank and Bank of England. Carsten Menke, Head of Next Generation Research talks us through why he expects the recent recovery in gold and silver prices to run out of steam soon, and Nicolas Jordon updates us on the latest thoughts from the bank’s investment committee.

00:14 Introduction and markets wrap-up by Bernadette Anderko (Investment Writing)
03:47 Gold & Silver update by Carsten Menke (Head of Next Generation Research)
06:58 IC Meeting update by Nicolas Jordan (CIO Strategy)
09:49 Closing remarks by Bernadette Anderko (Investment Writing)

What is Moving Markets?

Moving Markets is the home of podcasts at Julius Baer. Here, our expert teams share concise daily market updates in ‘Moving Markets Daily’ which is complemented by ‘Moving Markets: The View Beyond’, a weekly show dedicated to discussing the context, thematic angles, and investment implications behind key topics shaping the news cycle and conversations among our relationship managers and clients.

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.