Moving Markets

Following the worst September in two decades, markets are rebounding. Oil is surging on indications that the OPEC+ alliance is considering cutting production by over 1 million barrels a day to help prop up plunging prices. David Meier, Senior Economist, shares his latest insights on the UK macroeconomic situation.00:08 Introduction and markets wrap-up by Jonti Warris (Investment Writing)04:13 Update on UK macro policy by David Meier (Senior Economist)08:26 Closing remarks by Jonti Warris (Investment Writing)

US and European inflation data released on Friday surprised to the upside and Nike shares fell the most in 20 years. Oil is back up as there are reports that OPEC+ countries will cut oil production by one million barrels. The pound is up as the UK government will not cut its top income tax rate. And Brazil is off to a run-off election to be held on 30 October. Markus Wachter, Technical Analysis, speaks about the volatility across financial assets and the bearish tone with US equities breaking through June lows. 00:08 Introduction and markets wrap-up by Mike Rauber (Investment Writing)04:31 Technical update by Markus Wachter (Technical Analysis)07:20 Closing remarks by Mike Rauber (Investment Writing)

Stocks ended the day another leg lower yesterday after US Federal Reserve speakers reiterated their strong will to raise rates further, despite increasing volatility on financial markets and clear signs of slowing growth. Tim Gagie, Head of FX&PM Solutions Geneva, shares his views on currencies and metals markets, and Carsten Menke, Head of Next Generation Research, has a clear view on Central Bank Digital Currencies (CBDCs) and the latest developments in the field.00:08 Introduction and markets wrap-up by Roman Canziani (Investment Writing)03:24 FX update by Tim Gagie (Head of FX&PM Solutions Geneva)05:48 Digital assets by Carsten Menke (Head of Next Generation Research)08:58 Closing remarks by Roman Canziani (Investment Writing)

The Bank of England’s intervention to buy an unlimited amount of long-dated bonds triggered record gains for government debt. Stocks in the US also posted their best day since early August. Norbert Ruecker, Head of Macro & Next Generation Research, shares his latest insights on the energy markets. Ronny Kaufmann, CIO Strategy & Investment Analysis, gives an update on the latest CIO views. 00:08 Introduction and markets wrap-up by Olivier Maris (Investment Writing)03:29 Energy markets/Nord Stream by Norbert Rücker (Head of Macro & Next Generation Research)07:01 IC Strategy update by Ronny Kaufmann (CIO Strategy & Investment Analysis)10:51 Closing remarks by Olivier Maris (Investment Writing) 

Global stock markets continue to sell off whilst the US dollar strengthens further and US Treasury yields hit new highs. The IMF has called the UK’s proposed tax cuts excessive and suggested that they re-evaluate them. The European Commission President says that the Nord Stream leaks are an act of sabotage. Markus Allenspach, Head of Fixed Income Research, shares his thoughts on the current bond market moves with a specific focus on Switzerland.00:09 Introduction and markets wrap-up by Bernadette Anderko (Investment Writing)04:04 Swiss franc rates by Markus Allenspach (Head of Fixed Income Research)08:09 Closing remarks by Bernadette Anderko (Investment Writing)

Markets jittery following rollercoaster ride for the pound The UK government's pledge to continue with more tax cuts caused the pound to plunge nearly 5% to a historic low yesterday. And there is growing speculation among investors that the pound could soon fall to parity with the US dollar or even beyond. Dario Messi, Fixed Income Strategy, provides his analysis on the outcome of the Italian general election and David Meier, Senior Economist, gives an update on the drop in the British pound.00:08 Introduction and markets wrap-up by Jonti Warris (Investment Writing)04:28 Italian elections by Dario Messi (Fixed Income Strategy)08:41 Sterling’s drop by David Meier (Senior Economist)13:32 Closing remarks by Jonti Warris (Investment Writing)

The UK government's pledge to continue with more tax cuts has caused the pound to plunge nearly 5% to a historic low. Giorgia Meloni, who earned a resounding victory in the Italian election held on Sunday, is poised to become the nation's first female prime minister. Mensur Pocinci, our Head of Technical Analysis, gives a technical update and Tim Gagie our Head of FX & PM Solutions Geneva provides a currencies and metals update.00:09 Introduction and markets wrap-up by Alex Petersen (Investment Writing)03:15 Technical update by Mensur Pocinci (Head of Technical Analysis)06:16 Currencies and metals update by Tim Gagie (Head of FX & PM Solutions Geneva)09:18 Closing remarks by Alex Petersen (Investment Writing)

Equity markets across the US and Europe ended the day in the red yesterday. Central Bank meetings continued: the Bank of Japan left rates unchanged and then announced they were intervening in an attempt to stop the slide of the yen; the Swiss National Bank, the Norges Bank and the Bank of England all announced rate hikes. Carsten Menke, Head of Next Generation Research, also shares his latest thoughts on digital assets.00:09 Introduction and markets wrap-up by Helen Freer (Investment Writing)04:11 Digital Assets by Carsten Menke (Head of Next Generation Research)07:35 Closing remarks by Helen Freer (Investment Writing)

The US Federal Reserve is willing to tolerate a recession as a necessary trade-off for regaining control over inflation. The US central bank raised interest rates by 75 basis points for the third time in a row, leaving the Federal Funds Rate between 3% and 3.25%. It also forecast a further tightening of 1.25 percentage points by the end of the year. Carsten Menke, our Head of Next Generation Research, shares his view on gold and Nicolas Jordan from the CIO office provides an update on this week’s Investment Committee meeting.00:08 Introduction and markets wrap-up by Alexander Petersen (Investment Writing)02:34 Gold by Carsten Menke (Head of Next Generation Research)05:09 IC update by Nicolas Jordan (CIO Strategy & Investment Analysis)08:55 Closing remarks by Alexander Petersen (Investment Writing)

US and Asian equity markets are lower and US Treasury yields remain at mutli-year highs ahead of the rate decision of the US Federal Reserve this evening. Market expectations are for a third consecutive 75 basis point hike. Dario Messi, Fixed Income Research, fills us in on bond markets movements as well as expectations not only for the Fed announcement today but also what the Swiss National Bank may deliver tomorrow.00:09 Introduction and markets wrap-up by Bernadette Anderko (Investment Writing)03:03 Central banks and fixed income by Dario Messi (Fixed Income Research)07:29 Closing remarks by Bernadette Anderko (Investment Writing)