logo
episode-header-image
Nov 2024
17m 11s

Mixed results from Big Tech

JULIUS BAER
About this episode

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.

Up next
Today
Stocks jump as oil and yields retreat
Markets rebounded after three tough sessions, fuelled by a reassuring Federal Reserve, easing yields, and falling oil prices. Julius Baer Chief Economist David Kohl breaks down what the latest Fed decision means for the US economy and shares his expectations for the Bank of Japan ... Show More
18m 41s
Yesterday
Markets react to a hawkish Fed whilst digesting the latest energy price moves
The US Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00%, its first hike in three years. The accompanying projections and comments from Fed Chair Kevin Warsh signalled a hawkish tilt. Markets responded by raising expectations for another rate hike by year-en ... Show More
14m 28s
Sep 16
Bond yields surge ahead of Fed decision
Rising oil prices and higher inflation concerns dominated markets as investors prepared for the Federal Reserve's highly anticipated rate decision. Treasury yields climbed to multi-decade highs, with the US 10-year yield breaching 5%, while government bond yields moved sharply hi ... Show More
13m 17s
Recommended Episodes
Jul 2025
Fed Uncertainty and Trade Pivots
Asian stocks struggled for direction at the open after US markets had a volatile session amid speculation about the future of Federal Reserve Chair Jerome Powell. In tariff news, President Trump dialed down his confrontational tone with China in an effort to secure a summit with ... Show More
20m 8s
Jan 2022
Less Loose Will Lower Markets, Not Inflation – Ep 766
* Stock market off to a bad start for first week of trading in 2022. * Fed minutes send bond markets tanking. * Investors spooked out of speculative bets and into commodities. * Inflation pressure building on producers and consumers. * Workers fall further behind as prices increa ... Show More
1h 8m
Apr 2025
Stocks drop,Tesla tumbles, and gold shines as investors get defensive 4/21/25
<p>The Mag 7 all dropped sharply to kick off the week and chip stocks fell across the board. Tesla heads into earnings under pressure. And President Trump ramped up his attacks on Fed Chair Jerome Powell. We’ll get thoughts from Former Cleveland Fed President Loretta Mester. Plus ... Show More
42m 44s
Aug 2022
The Sun Overdose for European stocks...
The week starts moody in Asia, as economic data from China and Japan missed estimates early this Monday. Crude oil begins the week under selling pressure around the $91 per barrel. US index futures are down, but interestingly, the European futures were better bid in Asia; but new ... Show More
11m 3s
Sep 2024
Financial Markets Back on the Brink of Collapse - Ep 978
Market Turmoil & Economic Uncertainty: A Deep Dive into Non-Farm Payroll Report and Fed PoliciesIn this episode, we explore today's weaker-than-expected non-farm payroll report and its impact on the markets. Despite a brief improvement in stock indices following rate cut expectat ... Show More
1h 1m