Moving Markets: Daily News

Positive earnings surprises in the eurozone weren't enough to lift its major equity indices significantly, as economic data disappointed yesterday. Tesla had its best day since 2013 after a positive earnings release. US stock indices are in a wait-and-see mode ahead of some big earnings releases, starting with Amazon after the close today. Newmont Mining plunged as the gold miner struggles to keep costs under control. Mercedes-Benz vows to cut costs after weak results. Japanese national elections will be in focus this Sunday. Thomas Caflisch, Head of FX & PM Solutions, talks about popular Trump trades in the currency market and also why they could disappoint some.

00:00 Introduction by Bernadette Anderko (Investment Writing)
00:25 Markets wrap-up by Mike Rauber (Investment Writing)
06:39 Currencies and metals: Thomas Caflisch (Head of FX Sales Zurich)
09:47 Closing remarks by Bernadette Anderko (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.