Moving Markets

Higher bond yields in developed markets are spooking equity markets, but some on the bond side see the higher yields as too attractive to miss out on. Services prices in Japan rose at the fastest annual rate since 1993. China is pushing hard against a weaker yuan. Bitcoin drops like a stone on a report that Elon Musk's SpaceX company has sold the digital asset. A big options expiration day could explain some sharp moves in the US today. Tim Gagie, Head of FX & PM Solutions Geneva, also joins today’s podcast and he notes that the British Pound has a big interest rate advantage over the CHF.

00:00 Introduction by Helen Freer (Investment Writing)
00:20 Markets wrap-up by Mike Rauber (Investment Writing)
06:32 FX update by Tim Gagie (Head of FX & PM Solutions Geneva)
11:29 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.