Moving Markets

US markets closed higher on Monday with the technology, financials and industrials sectors outperforming. Asia Pacific markets are mixed this morning, as China's sluggish economic recovery has led to a downgrade in growth forecasts. In response, China has unveiled an 11-point package of measures to support household spending. Microsoft has moved closer to completing its USD 69 billion acquisition of Activision but the deal is not likely to close by today’s deadline. Thomas Caflisch, our Head of FX & PM Solutions, provides an update on the currency markets and Leonardo Pellandini, from the Equity Strategy Research team, reviews the Q2 earnings season so far.

00:14 Introduction by Helen Freer (Investment Writing)
00:44 Markets wrap-up by Alexander Petersen (Investment Writing)
04:34 FX update by Thomas Caflisch (Head of FX & PM Solutions)
06:50 Q2 earnings season by Leonardo Pellandini (Equity Strategy Research)
10:03 Closing remarks by Helen Freer (Investment Writing)

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What is Moving Markets?

Moving Markets is the home of podcasts at Julius Baer. Here, our expert teams share concise daily market updates in ‘Moving Markets Daily’ which is complemented by ‘Moving Markets: The View Beyond’, a weekly show dedicated to discussing the context, thematic angles, and investment implications behind key topics shaping the news cycle and conversations among our relationship managers and clients.

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.