Moving Markets: Daily News

November closed with markets focused on hopes of a Fed rate cut, which overshadowed fears of an AI bubble. The S&P 500 made strong gains in a holiday-shortened week, while technology lagged, leaving the Nasdaq down in November for the first time after seven months of gains. European equities ended the month slightly higher, supported by the strong outperformance of Switzerland’s SMI last week. Silver is hitting new highs, while gold is also climbing. In Asia, Chinese PMI data disappointed, while India stood out with 8.2% GDP growth in the third quarter. The head of Japan’s central bank hinted at a rate rise during a speech on Monday. Mensur Pocinci, Head of Technical Analysis Research, shares his views on the USD, precious metals, and his outlook for US equities.

  • (00:00) - Introduction: Helen Freer, Product & Investment Content
  • (00:28) - Markets wrap-up: Mike Rauber, Product & Investment Content
  • (06:31) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis
  • (09:51) - Closing remarks: Helen Freer, Product & Investment Content

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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.