The market vs. the European Central Bank

Global equities were propelled higher yesterday by expectations that rates are soon to peak, even as the European Central Bank is leaning against this view, and a surge in shares of Meta Platforms. This morning, markets are being weighed lower by results of Apple, Amazon, and Alphabet. Tim Gagie, Head of FX&PM Solutions Geneva, notes that after the central bank meetings this week, FX markets went into reverse as the dollar rose despite a more dovish US Federal Reserve and the euro fell even though the European Central Bank was more hawkish. Manuel Villegas, Next Generation Research, highlights that in digital assets it is all about staking at the moment and the upcoming upgrade of the Ethereum blockchain network.

00:14 Introduction and markets wrap-up by Mike Rauber (Investment Writing)

03:16 Currencies and metals update by Timothy Gagie (Head of FX & PM Solutions Geneva)

06:13 Digital assets by Manuel Villegas (Next Generation Research)

08:54 Closing remarks by Mike Rauber (Investment Writing)