Politics and inflation remain in focus

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)

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