Moving Markets: Daily News

After US labour market data drove up stock prices on Friday, today it is China and its government's measures intended to prop up its ailing economy that are driving market sentiment. In commodities, oil prices are trading at levels last seen in November on fears over supply cuts by the OPEC+ group and strong economic data from China and the US pointing to strong demand for oil. Bitcoin, meanwhile, is struggling after the US SEC said it was delaying decisions on Bitcoin ETFs for another 45 days. US markets are closed today for the Labor Day holiday. Mensur Pocinci, Head of Technical Analysis, joins today’s show and talks about the US dollar, bond yields and investing in September.

00:00 Introduction by Helen Freer (Investment Writing)
00:28 Markets wrap-up by Lucija Caculovic (Investment Writing)
05:32 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research)
09:04 Closing remarks by 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.