The Japanese yen, India’s equities and AI captivate financial markets

On a day when we await non-farm payrolls data, ahead of a central bank heavy week, one might have expected muted markets. Instead, the three main US indices broke their three-day losing streak as artificial intelligence (AI) announcements drove equities higher. And India’s election results, combined with their central bank’s decision to keep rates unchanged, boosted their stock markets to record highs. The yen surged more than 1% and Tim Gagie, Head of FX & PM Solutions Geneva, talks us through all of the associated market reactions, and highlights his calls ahead of those central bank meetings next week.

00:00 Introduction by Lucija Caculovic (Investment Writing)

00:28 Markets wrap-up by Bernadette Anderko (Investment Writing)
06:07 Currencies and metals by Tim Gagie (Head of FX & PM Solutions Geneva)

11:46 Closing remarks by Lucija Caculovic (Investment Writing)

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