Moving Markets: Daily News

Markets saw a decent pullback over the last 24 hours, with the S&P 500 recording its worst daily performance for over two weeks. Meanwhile, the 10-year Treasury yield moved back up to 3.85%. These moves reflected investors becoming more sceptical about the chances of rate cuts of 50bps this year, thanks to more positive data and comments from Fed officials yesterday. Tim Gagie, Head of FX & PM Solutions in Geneva, talks about why this should be positive for the US dollar and why he likes platinum.

00:00 Introduction by Helen Freer (Investment Writing)
00:24 Markets wrap-up by Jan Bopp (Investment Writing)
05:53 Currencies and metals: Tim Gagie (Head of FX & PM Solutions Geneva)
10:27 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.