Moving Markets: Daily News

The release of US and European inflation data eased concerns about renewed price pressures, pushing bond yields lower and giving a boost to US equities in particular, with the S&P 500 and Nasdaq closing at all-time highs. But the real star of February in terms of monthly equity performance was Asia, with Japan (also at an all-time high) and China outperforming global equities. And India just raised its growth forecast to 7.6%, the strongest figure among the major economies. In Switzerland, there was a surprise announcement that the chairman of the Swiss National Bank, Thomas Jordan, has decided to step down. Tim Gagie, Head of FX & PM Solutions in Geneva, talks about how, contrary to some perceptions, range-bound currency markets are quite attractive.

00:00 Introduction by Helen Freer (Investment Writing)
00:24 Markets wrap-up by Mike Rauber (Investment Writing)
06:13 Currencies and metals by Tim Gagie (Head of FX & PM Solutions Geneva)
10:17 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.