Moving Markets: Daily News

The S&P 500 index in the US entered bull market territory yesterday, up 20% since its October 2022 low, on optimism that the Federal Reserve will keep interest rates on hold for the time being. In contrast, a rate hike in Switzerland on 22nd June appears to be a done deal, setting the Swiss franc up for a rally, especially against the US dollar, as Tim Gagie, Head of FX & PM Solutions Geneva, explains. 

00:14 Introduction by Helen Freer (Investment Writing)
00:33 Markets wrap-up by Roman Canziani (Head of Investment Writing)
04:49 FX update by Tim Gagie (Head of FX & PM Solutions Geneva)
08:53 Closing remarks by Helen Freer (Investment Writing)

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.