Moving Markets: Daily News

US regulators stepped in over the weekend to ensure that customers of the collapsed bank will have access to their insured and uninsured deposits. This is calming markets after last week's losses, with the S&P 500 set to open sharply higher and investors reducing bets on central bank tightening. In today's episode, Mensur Pocinci, Head of Technical Analysis, looks at the level that the S&P 500 must hold to remain in an uptrend, which is 3,900. Roger Degen, Equities Research, provides more details on the US banking sector, noting that Silicon Valley Bank is not representative of the US banking sector as a whole.   

00:14 Introduction and markets wrap-up by Mike Rauber (Investment Writing)
04:22 Technical update by Mensur Pocinci (Head of Technical Analysis)
06:41 US banks by Roger Degen (Equity Research)
10:24 Closing remarks by Mike Rauber (Investment Writing)

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.