The US Federal Reserve signalled that it is leaning towards downshifting to a 50 basis points rate hike in December. In Asia, meanwhile, the Chinese Communist Party indicated further monetary stimulus, including a likely cut in the reserve requirement ratio for banks. Carsten Menke, Head of Next Generation Research, gives an update copper and metals, and Nicolas Jordan from CIO Strategy & Investment Analysis provides insights on the latest Investment Committee meeting.
00:09 Introduction and markets wrap-up by Alexander Petersen (Investment Writing)
02:52 Copper & metals update by Carsten Menke (Head of Next Generation Research)
05:59 IC update by Nicolas Jordan (CIO Strategy & Investment Analysis)
07:52 Closing remarks by Alexander Petersen (Investment Writing)
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.