Moving Markets

Semiconductor stocks stole the spotlight yesterday as record results from Taiwan Semiconductor Manufacturing Company reignited the AI trade across Europe, Wall Street, and Asia. Meanwhile, Germany recorded the first year of annual economic growth since 2022, while strong US data shifted expectations for Federal Reserve policy. Oil prices tumbled after President Trump signalled a pause in threats of military action against Iran, and gold extended losses as geopolitical tensions eased. Currency markets saw the yen strengthen on hints of possible intervention and speculation about an earlier Bank of Japan rate hike. Today’s episode features Tim Gagie, Head of FX Advisory in Geneva, who shares his insights on silver, the yen, and the US dollar.

  • (00:00) - Introduction: Helen Freer, Product & Investment Content
  • (00:24) - Markets wrap-up: Lucija Caculovic, Product & Investment Content
  • (06:34) - FX & metals update: Tim Gagie, Head of FX/PM PB Geneva
  • (10:43) - Closing remarks: Helen Freer, Product & Investment Content

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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.