Moving Markets

President Trump’s team delivered more tariff surprises ahead of the weekend with conditions worsening for both Canada and Switzerland. Then the jobs data delivered some ugly news for the US economy, with severe downward revisions to May and June’s data which saw the bearer of the tidings - the commissioner of the US Bureau of Labor Statistics – lose her job. Added to this, Fed Governor Adriana Kugler announced her early departure from office, leaving the President with two new job announcements to make. It’s therefore no surprise that equity markets fell, and US treasuries rallied, as markets more than doubled their previous day’s bet on a September rate cut to 87.5%. Mensur Pocinci, Head of Technical Analysis, joins the podcast today to provide insights into how the tariff news might impact Swiss investors as he discusses rates, the Swiss franc and Swiss equities.

  • (00:00) - Introduction: Helen Freer, Investment Writing
  • (00:31) - Markets wrap-up: Bernadette Anderko, Investment Writing
  • (06:58) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis
  • (10:50) - Closing remarks: Helen Freer, Investment Writing

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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.