Moving Markets

Global economic data showed mixed signals, with German exports and industrial production beating expectations, while UK bond yields rose to a 15-year high. In China, the government suspended purchases of government bonds, sending yields soaring, as the currency is suffering from an interest rate disadvantage versus the USD. Meanwhile, gold prices are showing resilience, rising to a four-week high. Next up is the critical US employment report. Tim Gagie, Head of FX&PM Solutions Geneva, discusses the massive USD surge and GBP weakness so far this year.

00:00 Introduction by Helen Freer (Investment Writing)
00:24 Markets wrap-up by Mike Rauber (Investment Writing)
07:08 FX and metals: Tim Gagie (Head of FX & PM Solutions Geneva)
10:57 Closing remarks by Helen Freer (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.