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Dec 2024
18m 5s

French turmoil and German stagnation – w...

JULIUS BAER
About this episode

Global markets are awaiting the US employment report, which could influence the US Federal Reserve's interest rate decision on 18 December. European stocks rose despite political turmoil in France. Asian markets were mixed, with Chinese stocks rising ahead of a key policy meeting. OPEC+ delayed an increase in oil production to support prices. Bitcoin fell below USD 100,000 and Donald Trump named a prominent venture capitalist as his artificial intelligence and crypto czar. Argentina's central bank cut interest rates and the country's stock market has soared 90% this year. David Kohl, Chief Economist, talks about the political and economic challenges facing the eurozone and what it means for the ECB.

00:00 Introduction by Helen Freer (Investment Writing)

00:31 Markets wrap-up by Mike Rauber (Investment Writing)

07:15 Eurozone outlook: David Kohl (Chief Economist)

16:51 Closing remarks by Helen Freer (Investment Writing)

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