Moving Markets: Daily News

Global equity markets suffer losses after continued US debt-ceiling negotiations ended without a deal yesterday. This increases the likelihood that the House and the Senate will both have to vote on a deal next week to prevent the US from defaulting on its debt obligations. David Kohl, Chief Economist, shares his insights into the eurozone’s latest flash purchasing managers' index data and what this means for the growth outlook.

00:14 Introduction by Bernadette Anderko (Investment Writing)
00:33 Markets wrap-up by Jonti Warris (Investment Writing)
05:46 European PMIs and growth outlook by David Kohl (Chief Economist)
10:58 Closing remarks by Bernadette Anderko (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.