Financials and the Fed driving the market

Wall Street suffered a losing session yesterday, dragged down by financials and concerns that higher interest rates could leave banks exposed to loan losses due to borrower defaults. Meanwhile, remarks from Federal Reserve Chairman Jerome Powell continue to leave market participants pondering how much the US central bank might raise interest rates and what the consequences might be. Today's guests are David Kohl, Chief Economist, who comments on the Fed, and Tim Gagie, Head of FX & PM Solutions in Geneva, who shares his latest views on currencies.

00:14 Introduction and markets wrap-up by Lucija Caculovic (Investment Writing)

03:12 Comments after Powell’s testimony by David Kohl (Chief Economist)

06:07 FX update by Tim Gagie (Head of FX & PM Solutions Geneva)

08:15 Closing remarks by Lucija Caculovic (Investment Writing)