Moving Markets

European stocks closed higher yesterday after UK inflation came in at its lowest level in 15 months. US markets also closed higher but futures fell stateside after both Tesla (record quarterly revenue but lower margins) and Netflix (revenue miss) reported Q2 results. In Asia, the People’s Bank of China surprised traders as it stepped in harder than expected to support the yuan, and Japan delivered its first trade surplus in nearly two years. Carsten Menke, Head of Next Generation Research, explains the impact of China’s recent data releases on the industrial metals market.

00:14 Introduction by Helen Freer (Investment Writing)
00:41 Markets wrap-up by Bernadette Anderko (Investment Writing)
05:52 Industrial metals and China by Carsten Menke (Head of Next Generation Research)
08:37 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.