Moving Markets

US and European inflation data released on Friday surprised to the upside and Nike shares fell the most in 20 years. Oil is back up as there are reports that OPEC+ countries will cut oil production by one million barrels. The pound is up as the UK government will not cut its top income tax rate. And Brazil is off to a run-off election to be held on 30 October. Markus Wachter, Technical Analysis, speaks about the volatility across financial assets and the bearish tone with US equities breaking through June lows.

00:08 Introduction and markets wrap-up by Mike Rauber (Investment Writing)
04:31 Technical update by Markus Wachter (Technical Analysis)
07:20 Closing remarks by Mike Rauber (Investment Writing)

Show Notes

US and European inflation data released on Friday surprised to the upside and Nike shares fell the most in 20 years. Oil is back up as there are reports that OPEC+ countries will cut oil production by one million barrels. The pound is up as the UK government will not cut its top income tax rate. And Brazil is off to a run-off election to be held on 30 October. Markus Wachter, Technical Analysis, speaks about the volatility across financial assets and the bearish tone with US equities breaking through June lows.
 
00:08 Introduction and markets wrap-up by Mike Rauber (Investment Writing)
04:31 Technical update by Markus Wachter (Technical Analysis)
07:20 Closing remarks by Mike Rauber (Investment Writing)

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.