Moving Markets

US economic data showed a mixed picture and the S&P 500 ended the day flat. Weakness in healthcare insurance names was offset by gains in financials and semiconductors. The ECB cut interest rates by 25 basis points, as expected, with eurozone stocks rising. The Swiss Market Index also gained, led by Nestle as it unveiled a corporate realignment. China shares are ending a volatile week higher, after the central bank provided more details on the stock buyback program. The yen weakened, while gold surged above USD 2,700 an ounce, up over 30% this year, on its way to its best annual performance since 1979. Tim Gagie, FX & PM Solutions Geneva, also takes up gold in his comments, pondering what investors can consider doing now.00:00 Introduction by Bernadette Anderko (Investment Writing)00:31 Markets wrap-up by Mike Rauber (Investment Writing)07:19 Currencies and metals: Tim Gagie (Head of FX & PM Solutions Geneva)11:47 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 stocks soared on strong earnings reports, with small caps leading the charge. Could this be a sign of a broader market rally? Meanwhile, European markets saw a mixed bag, with luxury stocks feeling the pinch. Our expert guest, Carsten Menke, Head of Next Generation Research, shares his insights on why a potential correction in the gold price could be a buying opportunity. Tune in for analysis and commentary on the markets that matter.00:00 Introduction by Bernadette Anderko (Investment Writing)00:45 Markets wrap-up by Roman Canziani (Head of Investment Writing)06:44 Gold’s latest rally: Carsten Menke (Head of Next Generation Research)11:06 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 equities fell after weak orders and a disappointing guidance from chipmaker ASML dragged down the entire tech sector, wiping USD 420 billion off the sector’s market capitalisation. Energy companies were hit by falling oil prices after the Washington Post reported that Israel has no plans to target Iran’s oil facilities. US banks continued to report solid earnings. Dario Messi, Head of Fixed Income Research, joins today’s episode to talk about what to expect from tomorrow’s ECB decision. And we have Mathieu Racheter, Head of Equity Strategy, on the show to give us more details on the recent earnings reports.00:00 Introduction by Lucija Caculovic (Investment Writing)00:34 Markets wrap-up by Jan Bopp (Investment Writing)05:47 Fixed income update: Dario Messi (Head of Fixed Income Research)10:23 Earnings season update: Mathieu Racheter (Head of Equity Strategy)14:06 Closing remarks by Lucija Caculovic (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 rose to new highs yesterday, led by a strong performance from information technology and semiconductor stocks. As the earnings season continues, investors are closely watching corporate reports for signs of growth and momentum. Meanwhile, European governments are making waves with investment and tax plans, while China's stimulus efforts continue to shape the Asian landscape. In this episode, we are joined by Manuel Villegas from Next Generation Research to discuss the latest developments in the world of crypto.00:00 Introduction by Bernadette Anderko (Investment Writing)00:28 Markets wrap-up by Lucija Caculovic (Investment Writing)06:47 Digital assets: Manuel Villegas (Next Generation Research)10:59 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 equities bounced back on Friday, buoyed by strong earnings reports from leading US banks. The S&P 500 wrapped up the week at a fresh all-time high. Meanwhile, Chinese equities started the week on a mixed note after news on China's fiscal stimulus was light on details. With a plethora of company reports, US retail sales data, and the ECB rate decision on the horizon, this week is shaping up to be particularly eventful. Markus Wachter of our Technical Analysis team explains why equities are poised for a year-end rally and his positive view on gold and silver remains unchanged.00:00 Introduction by Roman Canziani (Head of Investment Writing)00:28 Markets wrap-up by Jan Bopp (Investment Writing)06:19 News from the charts by Markus Wachter (Technical Analysis)09:38 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 your favourite podcast player.

Yesterday’s biggest economic story was the US inflation data for September, which showed a slight rise in prices, leaving investors to wonder whether the Fed will opt for a smaller rate cut – or none at all – at its next meeting in November. Meanwhile in Europe, the French government unveiled its budget plan for next year in an attempt to tackle the country’s large public debt and restore investor confidence. Today marks the official start of the earnings season, which should provide a nice distraction from all the other macroeconomic news. Tim Gagie, Head of FX & PM Solutions in Geneva, joins today’s show to talk about the US dollar, gold and where he sees opportunities in FX at the moment. We’re also joined by Markus Waeber, Head Indirect Real Estate Advisory & Intelligence, for an update on the Swiss and German property markets.00:00 Introduction by Helen Freer (Investment Writing)00:31 Markets wrap-up by Lucija Caculovic (Investment Writing)07:08 Currencies and metals: Tim Gagie (Head of FX & PM Solutions Geneva)11:41 Switzerland and Germany Real Estate: Markus Waeber (Head Indirect Real Estate Advisory & Intelligence)14:58 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.

The S&P 500 has reached yet another all-time high, marking its 44th record close this year. As investors await key inflation data, US Treasury yields are rising in tandem with stocks, fueling speculation about a 'no landing' scenario. In this episode, we're joined by two expert guests: Norbert Rücker, Head of Economics and Next Generation Research, who shares his insights on the latest commodity trends, and Nicolas Jordan from our CIO office, who discusses the pros and cons of UCITS-compliant hedge fund exposure.00:00 Introduction by Helen Freer (Investment Writing)00:31 Markets wrap-up by Roman Canziani (Head of Investment Writing)06:41 Oil by Norbert Rücker (Head of Economics & Next Generation Research)12:16 Update from the CIO Office by Nicolas Jordan (CIO Strategy & Investment Analysis)15:10 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. 

Global markets saw divergent trends, with European stocks struggling due to a falling oil price and high China exposure, while US markets saw a broad-based rally driven by positive tech sector news. Bond yields steadied, and investors await the release of the FOMC minutes for insights into the Fed's next move. Chinese stocks continue to pull back from their post-holiday opening highs yesterday. Mathieu Racheter, Head of Equity Strategy, tells us what to expect from the upcoming reporting season, while Dario Messi, Head of Fixed Income Research, explains why long-term yields remain elevated despite the Fed’s rate cuts.00:00 Introduction by Jonti Warris (Investment Writing)00:24 Markets wrap-up by Jan Bopp (Investment Writing)05:42 Earnings season preview by Mathieu Racheter (Head of Equity Strategy)10:18 Fixed income update by Dario Messi (Head of Fixed Income Research)14:47 Closing remarks by Jonti Warris (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. 

US stocks fell due to concerns about the Middle East, a fall in large-cap tech stocks (except Nvidia), and reduced expectations for interest rate cuts following a strong US labour market. Oil prices rose above USD 80 a barrel on Middle East concerns, but then fell back due to lack of new stimulus measures announced by China. The USD strengthened to a 7-week high against major currencies, while gold held steady. Chinese stocks initially surged after a week-long holiday, but gave up some gains as investors were disappointed by the lack of new stimulus measures announced after the Golden Week holiday. This also weighed on Hong Kong shares, which are down sharply today. Manuel Villegas, Next Generation Research, notes that a Democratic sweep is a tail risk for digital assets.00:00 Introduction by Lucija Caculovic (Investment Writing)00:24 Markets wrap-up by Mike Rauber (Investment Writing)07:34 Digital assets: Manuel Villages (Head of Next Generation Research)11:13 Closing remarks by Lucija Caculovic (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.

At the end of a turbulent week in markets, Friday’s September US jobs report surprised to the upside, helping stocks to close up on the week. US stocks remain close to their all-time highs as traders bet that the Federal Reserve will be able to engineer a soft landing. 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 Jan Bopp (Investment Writing)00:31 Markets wrap-up by Jonti Warris (Investment Writing)07:03 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis)10:32 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 your favourite podcast player.