Moving Markets

Last week, the S&P 500 fell 3.10% suffering its worst week since September last year. The Dow Jones fell 2.37%, while the Nasdaq Composite lost 3.45%. Meanwhile, in Europe the Stoxx 600 closed 0.46% lower on Friday, marking its first losing week in 2025. Nevertheless, Europe’s new plans to increase spending on defence did have a positive effect on the aerospace and defence sectors. Canada has a new Prime Minister in the form of ex Bank of England Governor, Mark Carney. Although he has not actually assumed the role yet, he is already promising to stand up to President Trump. He might have to stand up to China first: they announced new tariffs (some up to 100%) on some of Canada’s goods over the weekend. Our Head of Technical Analysis, Mensur Pocinci, joins the show today to explain why we should pay attention to the 200-day moving average when examining US equities charts.

00:00 Introduction by Helen Freer (Investment Writing)
00:31 Markets wrap-up by Bernadette Anderko (Investment Writing)
06:19 Technical Analysis update: Mensur Pocinci (Head of Technical Analysis)
09:09 Closing remarks by 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.