Moving Markets: Daily News

The Credit Suisse ‘solution’ seems to have calmed global equity markets – with the major indices trading up in yesterday’s/overnight sessions. Regulators outside of Switzerland have been keen to clarify that shareholder capital has to be written down before AT1 debt, following the upset that has been caused in bond markets by Credit Suisse’s AT1 bonds being written down to zero. David Meier joins the show to provide insights on upcoming SNB, Bank of England and US Fed rate decisions, and Manuel Villegas charts Bitcoin’s moves in the wake of the recent market activity.

00:14 Introduction and markets wrap-up by Bernadette Anderko (Investment Writing)
02:41 Fed, BoE and SNB meetings by David Alexander Meier (Senior Economist)
07:52 Digital assets update by Manuel Villegas (Next Generation Research)
10:55 Closing remarks by Bernadette Anderko (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.