Moving Markets: Daily News

Markets are responding calmly this morning following the US airstrikes on Iran at the weekend, with oil prices initially spiking before retreating to previous levels. Global stocks are trading mixed as investors await potential Iranian reprisals and key economic indicators, including flash Purchasing Managers' Indices and US Personal Consumption Expenditure data later in the week. Key events this week include a speech by European Central Bank President Christine Lagarde today, the NATO summit, and testimony by Federal Reserve Chairman Jerome Powell before Congress on Tuesday. Mensur Pocinci, Head of Technical Analysis, observes that US equity markets are climbing the wall of worry amid the uncertainty in the Middle East, and he notes that the EUR is at a 10-year high against the JPY.

  • (00:00) - Introduction: Bernadette Anderko, Investment Writing
  • (00:28) - Markets wrap-up: Mike Rauber, Investment Writing
  • (05:25) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis
  • (09:02) - Closing remarks: Bernadette Anderko, Investment Writing

Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

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.