Moving Markets

Markets had a risk-off day, with global equities, gold and Bitcoin falling. Investors are getting jittery ahead of next week's US elections, the Federal Reserve's interest rate decision, and China's National People's Congress. European stocks slumped after the release of eurozone inflation data. Big Tech earnings disappointed, with Meta and Microsoft shares tumbling. Amazon was higher, but Apple was lower in after-hours trading following its earnings release. China showed signs of recovery and oil prices ticked higher amid renewed tensions in the Middle East. Tim Gagie, Head of FX&PM Solutions Geneva, talks about the sharp move in GBP, the latest moves in metals and the USD ahead of the US elections.00:00 Introduction by Helen Freer (Investment Writing)00:24 Markets wrap-up by Mike Rauber (Investment Writing)08:18 Currencies and metals: Tim Gagie (Head of FX & PM Solutions Geneva)15:52 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.

Global stock markets are facing headwinds as several high-profile companies have fallen short of earnings expectations. However, recent economic data releases have painted a more optimistic picture, with Germany's economy unexpectedly posting growth in Q3. In this episode, we're joined by Carsten Menke, Head of Next Generation Research, who shares his expert insights on the surge in the price of gold, which has recently reached new heights.00:00 Introduction by Bernadette Anderko (Investment Writing)00:24 Markets wrap-up by Roman Canziani (Head of Investment Writing)06:25 An update on Gold: Carsten Menke (Head of Next Generation Research)10:53 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.

European stock markets struggled yesterday, while US markets closed higher and a strong tech sector pushed the Nasdaq to a new all-time high. Earnings reports from top companies including Meta and Microsoft will be closely watched today as investors navigate high expectations and uncertain market conditions ahead of next week's US elections. An important event that is partly behind the recent rise in US yields, says Dario Messi, Head of Fixed Income Research. And we have Mathieu Racheter, Head of Equity Strategy, on the show. He tells us why the robust earnings season is a stock picker's paradise.00:00 Introduction by Roman Canziani (Head of Investment Writing)00:34 Markets wrap-up by Jan Bopp (Investment Writing)06:35 Bond market update: Dario Messi (Head of Fixed Income Research)11:07 Earnings season update: Mathieu Racheter (Head of Equity Strategy)15:09 Closing remarks by Roman Canziani (Head of 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.

Markets had a quiet session yesterday, but a flurry of earnings reports and economic data releases are set to breathe new life into trading in the coming days. The US presidential election and the Federal Reserve’s upcoming interest rate decision are also looming large on the horizon. Meanwhile in Europe, carmakers face significant challenges in maintaining profitability in a rapidly changing landscape. In commodities, oil had its worst day in more than two years yesterday as geopolitical concerns began to fade, but gold hit a new record high this morning. With Bitcoin breaking through the psychologically important USD 70,000 mark, Manuel Villegas of Next Generation Research joins the show today to discuss the latest developments in the world of crypto.00:00 Introduction by Bernadette Anderko (Investment Writing)00:24 Markets wrap-up by Lucija Caculovic (Investment Writing)06:50 Digital assets by Manuel Villegas (Next Generation Research)11:54 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. 

Japanese PM Ishiba’s gamble to call a snap election backfired yesterday, as Japan’s ruling party lost its majority in a general election amid political scandals and soaring inflation. The Japanese yen is plunging and stocks are surging on the news. As investors turn their attention to a busy, data-packed week ahead, Mensur Pocinci, Head of Technical Analysis, offers an update on the markets from a technical perspective and shares his outlook for the global equity bull market.00:00 Introduction by Bernadette Anderko (Investment Writing)00:32 Markets wrap-up by Jonti Warris (Investment Writing)06:08 Technical Analysis update: Mensur Pocinci (Head of Technical Analysis)09:03 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.

Positive earnings surprises in the eurozone weren't enough to lift its major equity indices significantly, as economic data disappointed yesterday. Tesla had its best day since 2013 after a positive earnings release. US stock indices are in a wait-and-see mode ahead of some big earnings releases, starting with Amazon after the close today. Newmont Mining plunged as the gold miner struggles to keep costs under control. Mercedes-Benz vows to cut costs after weak results. Japanese national elections will be in focus this Sunday. Thomas Caflisch, Head of FX & PM Solutions, talks about popular Trump trades in the currency market and also why they could disappoint some.00:00 Introduction by Bernadette Anderko (Investment Writing)00:25 Markets wrap-up by Mike Rauber (Investment Writing)06:39 Currencies and metals: Thomas Caflisch (Head of FX Sales Zurich)09:47 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 stock markets experienced a downturn, with all major indices posting significant losses. Consumer discretionary stocks felt the brunt of the decline, led by disappointing performances from Coca-Cola and McDonald's. Meanwhile, the tech sector faced pressure ahead of the highly anticipated earnings report from Tesla, the first set of Q3 results from the ‘Magnificent 7’, which were released after the market close.Joining us to share their insights are two experts: Norbert Rücker, Head of Macro Research and Next Generation, who discusses his current views on commodities, and Nicolas Jordan, CIO Office, who explains why, and which European equities remain a crucial component of a diversified investment portfolio.00:00 Introduction by Bernadette Anderko (Investment Writing)00:27 Markets wrap-up by Roman Canziani (Head of Investment Writing)05:39 Commodity update: Norbert Rücker (Head of Macro and Next Generation Research)09:28 Update from the CIO Office: Nicolas Jordan (CIO Strategy & Investment Analysis)13:22 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 stocks saw their first back-to-back drop in six weeks yesterday as traders weighed the prospects of a slower pace of Federal Reserve rate cuts. Meanwhile, gold posted another new record high on geopolitical concerns. Dario Messi, Head of Fixed Income Research, shares his thoughts on the recent steep rise in US Treasury yields. And Mathieu Racheter, Head of Equity Strategy, provides an update on the Q3 earnings season.00:00 Introduction by Bernadette Anderko (Investment Writing)00:34 Markets wrap-up by Jonti Warris (Investment Writing)06:20 Fixed income update: Dario Messi (Head of Fixed Income Research)11:35 Earnings season update: Mathieu Racheter (Head of Equity Strategy)14:49 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.

As investors grapple with the implications of an ‘earnings yield inversion’, where the S&P 500 Index yields more than 10-year US Treasuries, US equities took a breather yesterday from last week’s gains. Meanwhile, Asia is seeing its busiest IPO week in more than two years, a key test of market risk appetite. With the US election just two weeks away and US politics increasingly in the headlines, we're joined by Leonardo Pellandini to discuss the impact of the US election on European equities.00:00 Introduction by Jan Bopp (Investment Writing)00:41 Markets wrap-up by Lucija Caculovic (Investment Writing)08:08 Impact of US election on European equities: Leonardo Pellandini (Equity Strategy)12:28 Closing remarks by Jan Bopp (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.

Markets experienced a wild ride last week, with mixed earnings reports, shifting sentiment on China, and monetary policy moves. Despite volatility, the S&P 500 closed at an all-time high, while gold hit a new record high. This week, investors will watch global flash PMIs, corporate earnings, and sentiment indicators for direction. Mensur Pocinci, Head of Technical Analysis, explains why silver has plenty of upside potential, the path of least resistance for Swiss rates is the one towards zero, and why the year-end rally is still on track.00:00 Introduction by Bernadette Anderko (Investment Writing)00:34 Markets wrap-up by Jan Bopp (Investment Writing)06:55 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis)09:28 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.