Moving Markets: Daily News

September saw strong gains across markets, with the S&P 500 up 3%. Hong Kong outperformed, rising 7%. Gold hit multiple highs and credit spreads narrowed to multi-year lows. Yesterday, healthcare rallied after Pfizer announced discounted drug sales via a new government platform. Switzerland and the United States issued a joint statement opposing currency manipulation. In Asia, trading was subdued due to China’s Golden Week, while Tokyo declined on interest rate concerns. Dario Messi, Head of Fixed Income Research, comments on the US government shutdown, noting that while politically sensitive, the market impact is likely to remain limited.

  • (00:00) - Introduction: Helen Freer, Product & Investment Content
  • (00:58) - Markets wrap-up: Mike Rauber, Product & Investment Content
  • (07:29) - Bond market update: Dario Messi, Head of Fixed Income Research
  • (11:09) - Closing remarks: Helen Freer, 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.