Markets saw a decent pullback over the last 24 hours, with the S&P 500 recording its worst daily performance for over two weeks. Meanwhile, the 10-year Treasury yield moved back up to 3.85%. These moves reflected investors becoming more sceptical about the chances of rate cuts of 50bps this year, thanks to more positive data and comments from Fed officials yesterday. Tim Gagie, Head of FX & PM Solutions in Geneva, talks about why this should be positive for the US dollar and why he likes platinum.
00:00 Introduction by Helen Freer (Investment Writing)
00:24 Markets wrap-up by Jan Bopp (Investment Writing)
05:53 Currencies and metals: Tim Gagie (Head of FX & PM Solutions Geneva)
10:27 Closing remarks by Helen Freer (Investment Writing)
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