Moving Markets: Daily News

Markets are now pricing in an almost 85% probability of a 25 basis point rate cut by the Fed in December – this boosted tech stocks and others followed suit, prompting a global rally. US markets will be shut today for the Thanksgiving holiday, and the Black Friday shopping bonanza will start tomorrow when the US market will reopen for a shortened trading session. Norbert Rücker, Head of Economic and Next Generation Research, joins the show with a timely update on energy markets and what’s driving them currently. And Tim Gagie, Head of FX Advisory Geneva, rounds off the podcast by highlighting the latest moves in Sterling after the UK budget as well as this week’s action in preciousmetals.

  • (00:00) - Introduction: Bernadette Anderko, Product & Investment Content
  • (00:38) - Markets wrap-up: Jan Bopp, Product & Investment Content
  • (06:44) - Energy Markets: Norbert Rücker, Head of Economics & Next Generation Research
  • (11:41) - FX and metals update: Tim Gagie, Head of FX/PM PB Geneva
  • (15:56) - Closing remarks: Bernadette Anderko, Product & Investment Content

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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.