Choppy trading persists as rate jitters and Middle East risks collide

Equity markets turned choppy heading into the weekend, while oil prices cooled as investors weighed efforts by the US and Israel to ease concerns over the Iran war. Anxieties over hawkish central bank policies and upward pressure on rates also weighed on sentiment. However, the market continues to be very sensitive to any signs of potential de-escalation. Thomas Caflisch, Head of FX Sales Switzerland, talks about gold and the impact of the oil price on currency markets and the US dollar in particular.

• (00:00) - Introduction: Helen Freer, Product & Investment Content
• (00:28) - Markets wrap-up: Jan Bopp, Product & Investment Content
• (05:50) - FX & metals update: Thomas Caflisch, Head of FX/PM Solutions
• (10:49) - Closing remarks: Helen Freer, Product & Investment Content

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