Moving Markets

European markets were flat after reaching a record high last week, held back by weak economic demand from China. Rolls Royce fell sharply on concerns over a faulty engine part in the Airbus 350. Swiss PMIs surprise to the upside, while manufacturing activity in France and Germany remains sluggish. Volkswagen plans its first plant closure in Germany since it was founded 87 years ago. In Asia, Japan's Topix index rises for a sixth consecutive session, led by financials on higher bond yields. Manuel Villegas, Next Generation Research, notes that the next few weeks will shape the outlook for crypto assets for the rest of the year.

00:00 Introduction by Helen Freer (Investment Writing)
00:24 Markets wrap-up by Mike Rauber (Investment Writing)
07:46 Digital assets: Manuel Villegas (Next Generation Research)
10:01 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.