Moving Markets

Global markets rallied, with the S&P 500 and Euro Stoxx 600 hitting all-time highs. China's promise of fiscal stimulus lifts the Hang Seng Index by well over 2% today, its best weekly gain since 2007. ECB rate cut expectations rise after comments from ECB member Isabel Schnabel. Swatch shares jump on speculation that the company may be taken private. The Swiss National Bank cuts its benchmark interest rate for the third time this year and hints at further rate cuts to come. Tim Gagie, Head of FX&PM Solutions Geneva, talks about what the CHF, gold/silver/platinum and the USD are doing and shares his thoughts.

00:00 Introduction by Bernadette Anderko (Investment Writing)
00:28 Markets wrap-up by Mike Rauber (Investment Writing)
06:38 Currencies and metals by Tim Gagie (Head of FX & PM Solutions Geneva)
11:48 Closing remarks by Bernadette Anderko (Investment Writing)

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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.