Moving Markets: Daily News

A string of labour-focused data releases in the US has the potential to move markets at the end of this week. Meanwhile in Europe, traders are increasing their bets on monetary policy easing from the European Central Bank and are now pricing in six quarter-point rate cuts in 2024. In Asia, Chinese imports and the auction of a 30-year Japanese government bond both disappointed. In commodities, oil stabilised after several days of declines and US gasoline prices hit their lowest level since 3 January 2023. Carsten Menke, Head of Next Generation Research, joins today’s show to explain what’s going on in the gold market.

00:00 Introduction by Helen Freer (Investment Writing)
00:28 Markets wrap-up by Lucija Caculovic (Investment Writing)
05:40 Gold update by Carsten Menke (Head of Next Generation Research)
09:25 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.