Global economic data showed mixed signals, with German exports and industrial production beating expectations, while UK bond yields rose to a 15-year high. In China, the government suspended purchases of government bonds, sending yields soaring, as the currency is suffering from an interest rate disadvantage versus the USD. Meanwhile, gold prices are showing resilience, rising to a four-week high. Next up is the critical US employment report. Tim Gagie, Head of FX&PM Solutions Geneva, discusses the massive USD surge and GBP weakness so far this year.
00:00 Introduction by Helen Freer (Investment Writing)
00:24 Markets wrap-up by Mike Rauber (Investment Writing)
07:08 FX and metals: Tim Gagie (Head of FX & PM Solutions Geneva)
10:57 Closing remarks by Helen Freer (Investment Writing)
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