Moving Markets

US inflation comes in as expected, solidifying interest rate cut hopes ahead of the Fed's policy decision next week. Equity markets breathe a sigh of relief, with technology names leading the charge, while the ECB and SNB prepare to announce rate decisions amidst growing growth concern. And we have Carsten Menke, Head of Next Generation Research, and Nicolas Jordan, CIO Office, on the show to talk about the comeback of central bank gold buying and why it was a difficult year for Swiss equities.00:00 Introduction by Mike Rauber (Investment Writing)00:37 Markets wrap-up by Jan Bopp (Investment Writing)05:23 Gold: Carsten Menke (Head of Next Generation Research)09:37 Update from the CIO Office: Nicolas Jordan (CIO Strategy & Investment Analysis)14:26 Closing remarks by Mike Rauber (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

As investors await the release of November inflation figures in the US later today, markets have edged slightly lower. The upcoming data is expected to provide clarity on the likelihood of a rate cut in the US next week. Meanwhile, central banks are set to take centre stage, with the Bank of Canada announcing its decision today, followed by the European Central Bank and the Swiss National Bank tomorrow. All three institutions are anticipated to reduce their policy rates. To shed light on the potential implications for the US dollar and gold, we're joined by Tim Gagie, Head of FX & PM Solutions at our Geneva office.00:00 Introduction by Bernadette Anderko (Investment Writing)00:25 Markets wrap-up by Roman Canziani (Head of Investment Writing)06:48 Currencies and metals by Tim Gagie (Head of FX & PM Solutions Geneva)10:27 Closing remarks by Bernadette Anderko (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player. 

Chinese officials’ pledges to provide bolder support for economic growth are fuelling a rally in shares related to Chinese consumption, Chinese real estate, and Asian mining stocks. China beneficiaries in Europe also posted strong gains yesterday. Meanwhile, US equity markets took something of a breather following the recent strong rally, as traders await tomorrow’s key inflation data. Manuel Villegas, Next Generation Research, provides a detailed update on Bitcoin’s breach of USD 100,000.00:00 Introduction by Bernadette Anderko (Investment Writing)00:24 Markets wrap-up by Jonti Warris (Investment Writing)06:31 Crypto asset update: Manuel Villegas (Next Generation Research)09:51 Closing remarks by Bernadette Anderko (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

Global markets are starting the week cautiously due to geopolitical tensions, including the toppling of Syria's leader and the ongoing unrest in South Korea. Despite this, European markets performed well last week, with the CAC 40 and DAX rising. US jobs data was mixed and the Nasdaq and S&P 500 reached fresh highs. China's inflation slowed, and investors await tangible policies from the government's economic meeting. This week, major central banks, from Australia, Canada, Brazil, the eurozone, and Switzerland, will decide on interest rates. Mensur Pocinci, Head of Technical Analysis, notes that despite the strong (US) equity market gains this year inflows into equities are far from euphoric levels.00:00 Introduction by Bernadette Anderko (Investment Writing)00:41 Markets wrap-up by Mike Rauber (Investment Writing)07:05 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis)10:45 Closing remarks by Bernadette Anderko (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player. 

Global markets are awaiting the US employment report, which could influence the US Federal Reserve's interest rate decision on 18 December. European stocks rose despite political turmoil in France. Asian markets were mixed, with Chinese stocks rising ahead of a key policy meeting. OPEC+ delayed an increase in oil production to support prices. Bitcoin fell below USD 100,000 and Donald Trump named a prominent venture capitalist as his artificial intelligence and crypto czar. Argentina's central bank cut interest rates and the country's stock market has soared 90% this year. David Kohl, Chief Economist, talks about the political and economic challenges facing the eurozone and what it means for the ECB.00:00 Introduction by Helen Freer (Investment Writing)00:31 Markets wrap-up by Mike Rauber (Investment Writing)07:15 Eurozone outlook: David Kohl (Chief Economist)16:51 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

A rally in the world's biggest technology companies led global equities higher yesterday as traders digested the latest economic data. US Treasury yields fell, while the euro regained some strength as investors watched the no-confidence vote in France. Bitcoin has crossed the USD 100,000 mark overnight for the first time. And we have Norbert Ruecker, Head of Economics & Next Generation Research, on the show ahead of today’s OPEC+ meeting to discuss the state of the energy market and his outlook for 2025.00:00 Introduction by Bernadette Anderko (Investment Writing)00:31 Markets wrap-up by Jan Bopp (Investment Writing)05:17 Energy markets: Norbert Rücker (Head of Economics & Next Generation Research)10:58 Closing remarks by Bernadette Anderko (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

Join us on MovingMarkets, your daily dose of global market insights. In this episode, we explore the latest records broken in Germany and the US, with the DAX index surpassing 20,000 points for the first time and US stocks hitting an all-time high for the 55th time this year. But not all markets are thriving - South Korea's political turmoil has raised concerns. Our expert guests weigh in on the latest developments: Dario Messi, Head of Fixed Income Research, analyses the situation in France ahead of the no-confidence vote, while Tim Gagie, Head of FX/PM PB Sales in Geneva, shares his expertise on currencies and metals.00:00 Introduction by Bernadette Anderko (Investment Writing)00:28 Markets wrap-up by Roman Canziani (Head of Investment Writing)06:34 Bond market update: Dario Messi (Head of Fixed Income Research)10:26 FX and Metals markets: Tim Gagie (Head of FX & PM Solutions Geneva)14:30 Closing remarks by Bernadette Anderko (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

US equities advanced further yesterday, led by the Magnificent Seven stocks, with the S&P 500 and the Nasdaq Composite posting fresh record highs. Meanwhile, France’s 10-year yield premium widened to levels not seen since June, as the country’s budget impasse risks plunging France’s government into its second political crisis in six months. Manuel Villegas, Next Generation Research, talks about why exchange-traded funds have been a quiet disruptor of the asset management industry.00:00 Introduction by Helen Freer (Investment Writing)00:28 Markets wrap-up by Jonti Warris (Investment Writing)06:18 Future of Finance: Manuel Villegas (Next Generation Research)10:54 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

It was probably too soon for the S&P 500 to feel the impact of Black Friday, but the index did just fine without it, closing the day, the week, and the month higher. The same could be said for the Dow Jones Industrial Average and the Nasdaq Composite. The small cap Russell 2000 saw the biggest monthly gain though – up 10% since Donald Trump won the election. European stocks shrugged off poor inflation data to see the Stoxx 600 also close November 0.96% higher. Europe is now focused on political events in France. Mensur Pocinci, Head of Technical Analysis, joins the show to talk on a range of topics, including why the charts still look good for the S&P 500 as we head into year end.00:00 Introduction by Helen Freer (Investment Writing)01:00 Markets wrap-up by Bernadette Anderko (Investment Writing)07:23 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis)09:14 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.

Trading volumes were low due to the Thanksgiving holiday in the US. Investors’ focus was on the French budget discussions as French bond yields surpassed those of Greece for the first time on budget concerns. This morning some headlines around a potential further stimulus package in China at a key policy meeting in December are shaping the markets going into the weekend. And we also have Tim Gagie, Head of FX&PM Solutions Geneva, on the show. He talks about the US dollar, why he likes precious metals, and the seasonality of the Swiss franc.00:00 Introduction by Helen Freer (Investment Writing)00:24 Markets wrap-up by Jan Bopp (Investment Writing)05:29 Currencies and metals by Tim Gagie (Head of FX & PM Solutions Geneva)09:23 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.