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Oct 2025
10m 43s

Markets slide as trade tensions return

JULIUS BAER
About this episode

Global markets tumbled on Friday following renewed trade war fears sparked by President Trump’s aggressive rhetoric towards China. Major global indices saw sharp declines, while gold surged past USD 4,000 an ounce. In Europe, political uncertainty in France added to the risk-off mood, with President Macron’s surprise reappointment of Lecornu facing immediate opposition. Meanwhile, China’s latest trade data showed unexpected resilience, and Japan saw a shift in its political landscape with the dissolution of its ruling coalition. Joining us today is Mensur Pocinci, Head of Technical Analysis, who shares his insights on the market fallout.

  • (00:00) - Introduction: Bernadette Anderko, Product & Investment Content
  • (00:24) - Markets wrap-up: Lucija Caculovic, Product & Investment Content
  • (06:35) - Technical Analysis update: Mensur Pocinci, Head of Technical Analysis
  • (09:35) - Closing remarks: Bernadette Anderko, Product & Investment Content

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