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Oct 2024
11m 1s

Popular Trump trades in the currency mar...

JULIUS BAER
About this episode

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)

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