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Gold at an all-time high

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Manage episode 445719933 series 3360361
Contenuto fornito da Adventurous Media and Julius Baer. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Adventurous Media and Julius Baer o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

US economic data showed a mixed picture and the S&P 500 ended the day flat. Weakness in healthcare insurance names was offset by gains in financials and semiconductors. The ECB cut interest rates by 25 basis points, as expected, with eurozone stocks rising. The Swiss Market Index also gained, led by Nestle as it unveiled a corporate realignment. China shares are ending a volatile week higher, after the central bank provided more details on the stock buyback program. The yen weakened, while gold surged above USD 2,700 an ounce, up over 30% this year, on its way to its best annual performance since 1979. Tim Gagie, FX & PM Solutions Geneva, also takes up gold in his comments, pondering what investors can consider doing now.

00:00 Introduction by Bernadette Anderko (Investment Writing)

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

07:19 Currencies and metals: Tim Gagie (Head of FX & PM Solutions Geneva)

11:47 Closing remarks by Bernadette Anderko (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.

  continue reading

583 episodi

Artwork
iconCondividi
 
Manage episode 445719933 series 3360361
Contenuto fornito da Adventurous Media and Julius Baer. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Adventurous Media and Julius Baer o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

US economic data showed a mixed picture and the S&P 500 ended the day flat. Weakness in healthcare insurance names was offset by gains in financials and semiconductors. The ECB cut interest rates by 25 basis points, as expected, with eurozone stocks rising. The Swiss Market Index also gained, led by Nestle as it unveiled a corporate realignment. China shares are ending a volatile week higher, after the central bank provided more details on the stock buyback program. The yen weakened, while gold surged above USD 2,700 an ounce, up over 30% this year, on its way to its best annual performance since 1979. Tim Gagie, FX & PM Solutions Geneva, also takes up gold in his comments, pondering what investors can consider doing now.

00:00 Introduction by Bernadette Anderko (Investment Writing)

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

07:19 Currencies and metals: Tim Gagie (Head of FX & PM Solutions Geneva)

11:47 Closing remarks by Bernadette Anderko (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.

  continue reading

583 episodi

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