Moving Markets: Daily News

US equities reach another record high as investors downplay tariff concerns, buoyed by a positive forecast from Delta Airlines. Bitcoin soars to a new all-time high, exceeding USD 118,000. European shares see modest gains, with the Swiss market leading the way due to advancements in healthcare, and the UK market rising on the back of strong commodity performance following the announcement of the US copper tariffs. The original Hermès Birkin handbag is sold for EUR 8.58 million. According to Thomas Caflisch, Head of FX & PM Solutions, the US dollar's downward trend remains in place, although he notes that July and August are typically not periods of strong trends.

  • (00:00) - Introduction: Helen Freer, Investment Writing
  • (00:25) - Markets wrap-up: Mike Rauber, Investment Writing
  • (06:15) - FX and metals: Thomas Caflisch, Head of FX/PM Solutions
  • (08:57) - 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.