10 min listen
Politics and inflation remain in focus
Politics and inflation remain in focus
ratings:
Length:
12 minutes
Released:
Jun 28, 2024
Format:
Podcast episode
Description
A batch of underwhelming data out of the US keeps rate cut expectations for the Fed alive. While that helped US yields to trade lower in yesterday’s session, European yields remained steady for the most part ahead of this Sunday’s first round of parliamentary elections in France. The political uncertainty continued to weigh on equities in Europe, while their US counterparts ended the day higher, with the Magnificent 7 cohort closing at a new record. Tim Gagie, Head of FX & PM Solutions Geneva, talks about what is going on in FX markets and explains why it might be a good idea to protect your gains in gold.00:00 Introduction by Helen Freer (Investment Writing)00:21 Markets wrap-up by Jan Bopp (Investment Writing)05:51 Currencies and metals: Tim Gagie (Head of FX & PM Solutions Geneva)10:42 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.
Released:
Jun 28, 2024
Format:
Podcast episode
Titles in the series (100)
Inflation top of mind again: While US markets were closed due to Independence Day, European markets, especially in the UK and Switzerland, staged a rally yesterday, driven by dip buyers. Today, it is all about inflation data with markets again being surprised by higher than expected by Moving Markets: Daily News