logo
episode-header-image
Mar 2025
12m 22s

The week begins on a risk-off note

JULIUS BAER
About this episode

US inflation concerns intensified, with the core PCE rising 2.8% year-on-year, fuelling fears of stagflation. Tariffs remain a significant concern, with the US poised to unveil new measures on Wednesday. The EU is bracing itself for a potential 20% tariff, and Goldman Sachs has increased the likelihood of a US recession from 20% to 35%. Asian markets are feeling the strain of tariff uncertainty, with stocks declining, the Japanese yen strengthening, and gold at an all-time high. Also in focus this week: Friday's US jobs report, which may signal a cooling labour market. Meanwhile, Mensur Pocinci, Head of Technical Analysis, discusses the S&P 500, gold, and the US dollar amidst a risk-off backdrop in the markets.

00:00 Introduction by Helen Freer (Investment Writing)

00:28 Markets wrap-up by Mike Rauber (Investment Writing)

08:29 Technical Analysis update: Mensur Pocinci (Head of Technical Analysis)

11:13 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
Oil whiplash, Wall Street rebound, China’s export strength
Brent oil saw historic intraday swings yesterday, surging on supply fears before dropping sharply as the G7 discussed releasing reserves and the US president signalled the war could soon end. This shift helped European markets rebound from their lows and lifted US equities as saf ... Show More
11m 32s
Yesterday
Oil surges after Iran names new supreme leader
This morning, Iran named Mojtaba Khamanei, the man President Trump said would be unacceptable in the post, as its new leader. The immediate market reaction was a spike in the price of Brent crude oil to nearly USD120 per barrel, and a pronounced selloff in Asian stock markets. Th ... Show More
16m 11s
Mar 7
The View Beyond: How are financial markets reacting to the strike on Iran?
The recent US and Israel strike on Iran has introduced a new layer of uncertainty to global markets, with investors closely monitoring the implications for oil & gas, and portfolios overall. How should investors interpret these developments and position themselves amid heightened ... Show More
17m 20s
Recommended Episodes
Mar 2025
US Stocks and Dollar Tank. What’s Next? - Ep 1015
Peter Schiff discusses market drops, tariff impacts, Trump's Bitcoin reserve, and advocates for foreign stocks and gold investments.Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/goldStart your free online visit today at https://hims.com/goldIn this e ... Show More
1h 1m
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
Feb 2025
A quieter market session could favour the dollar
Send a textGeopolitics takes centre stage as US markets enjoy a bank holiday. Both gold and US dollar try to recoup Friday’s losses. Major currencies extend monthly gains versus the dollar. Yen benefits from strong GDP; aussie prepares for the RBA.Risk Warning: Our services invol ... Show More
4m 36s
May 2024
Investors cautious as spotlight falls on US inflation
Send a textDollar gains slightly on hawkish Fed remarks. Investors scale back their Fed rate cut bets. China’s CPI rises for the third straight month. US stocks stay supported despite rebound in yields.Risk Warning: Our services involve a significant risk and can result in the lo ... Show More
3m 30s
Feb 2025
Week Ahead: Fed minutes, RBA and RBNZ decisions in focus
Send a textAfter Powell and CPI data, dollar traders turn to Fed minutes. RBA to cut rates by 25bps, focus on forward guidance. RBNZ may opt for a third consecutive 50bps rate cut. UK, Canadian and Japan’s CPI data also in focus.Risk Warning: Our services involve a significant ri ... Show More
8m 26s
May 2025
Dollar, Treasuries and Stocks extend slide on fiscal concerns
Send a textDollar extends slide as Trump’s bill seen ballooning US debt. Treasuries fall as well, 30-year yield climbs to highest since Nov. 2023. Wall Steet closes lower, gold and other safe havens gain. Oil pulls back as US and Iran prepare for new round of talks.Risk Warning: ... Show More
3m 58s
Feb 2025
US CPI and Trump could upset the fragile risk appetite
Send a textDollar losses mount as markets prepare for US CPI. An upside CPI surprise could spice up Powell’s testimony. Trump could open a new round of tariffs. Gold drops from a new record high.Risk Warning: Our services involve a significant risk and can result in the loss of y ... Show More
4m 15s
Feb 2025
Trump sparks tariff confusion, dollar gains; Nvidia underwhelms
Send a textTrump threatens EU tariffs, creates confusion about Mexico and Canada duties. Dollar rebounds but gold slides again. Nvidia falls in after-hours trading as earnings fail to set Wall Street alight.Risk Warning: Our services involve a significant risk and can result in t ... Show More
4m 26s
Mar 2025
Top of the Morning: Feb Jobs Report, Tariffs, Inflation data & more
We close out the trading week by assessing the latest round of jobs data, and what the numbers indicate about the health of the US labor market. Plus, take an inventory of tariff announcements, preview next week’s inflation readings, and reflect on recent equity market volatility ... Show More
14m 17s