Moving Markets: Daily News

Markets jittery following rollercoaster ride for the pound

The UK government's pledge to continue with more tax cuts caused the pound to plunge nearly 5% to a historic low yesterday. And there is growing speculation among investors that the pound could soon fall to parity with the US dollar or even beyond. Dario Messi, Fixed Income Strategy, provides his analysis on the outcome of the Italian general election and David Meier, Senior Economist, gives an update on the drop in the British pound.

00:08 Introduction and markets wrap-up by Jonti Warris (Investment Writing)
04:28 Italian elections by Dario Messi (Fixed Income Strategy)
08:41 Sterling’s drop by David Meier (Senior Economist)
13:32 Closing remarks by Jonti Warris (Investment Writing)

Show Notes

Markets jittery following rollercoaster ride for the pound 

The UK government's pledge to continue with more tax cuts caused the pound to plunge nearly 5% to a historic low yesterday. And there is growing speculation among investors that the pound could soon fall to parity with the US dollar or even beyond. Dario Messi, Fixed Income Strategy, provides his analysis on the outcome of the Italian general election and David Meier, Senior Economist, gives an update on the drop in the British pound.

00:08 Introduction and markets wrap-up by Jonti Warris (Investment Writing)
04:28 Italian elections by Dario Messi (Fixed Income Strategy)
08:41 Sterling’s drop by David Meier (Senior Economist)
13:32 Closing remarks by Jonti Warris (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.