Moving Markets

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....

December’s Fed Minutes released yesterday revealed that FOMC members believe that upside risks to their inflation outlook have increased and that incoming President Trump’s policies likely will not help matters. Neither US nor European data releases helped stocks yesterday. European markets had a mixed Wednesday with indices up or down in the order of half a percent. US stocks also struggled for d...

While European equity markets rose in yesterday's trading, their US counterparts had a rough day as the latest economic data added to speculation that the Federal Reserve will leave interest rates unchanged this month amid inflationary pressures. This pushed Treasury yields higher across the curve, with traders no longer fully pricing in a Fed rate cut before July. Dario Messi, Head of Fixed Incom...

A rally in the world’s largest US technology companies lifted stocks globally yesterday amid renewed investor optimism for all things AI, prompting Nvidia to close at an all-time high. Meanwhile, Japan’s finance minister Katsunobu Kato issued a fresh warning today against speculative yen selling after the currency fell to its weakest level since July 2024. Norbert Rücker, Head of Economics & N...

US equities began 2025 with a brief sell-off followed by a rebound, while Chinese shares are having their worst start to a year since 2016. Microsoft said that it will spend USD 80 billion on data centres this year. This week, investors will be watching economic data releases, including PMI and employment figures, to gauge the global economic outlook. Upcoming events later this month include earni...

As part of a special two-week series featuring highlights from Julius Baer’s recent Beyond Markets podcasts, today's show features a clip from a conversation where Carsten Menke, Head of Next Generation Research at Julius Baer, talks to host Emily Rookwood about the surprising fact that buildings surpass sectors like aviation and transportation in terms of global carbon emissions. Carsten highligh...

As part of a special two-week series featuring highlights from Julius Baer’s recent Beyond Markets podcasts, today's show features a clip from a conversation where Christian Gattiker, Head of Research, and Mark Matthews, Head of Research Asia, talk to Bernadette Anderko about the current and expected market environment as the new economic cycle unfolds, and what opportunities this should present g...

As part of a special two-week series featuring highlights from Julius Baer’s recent Beyond Markets podcasts, today's show features a clip from a conversation where Julius Baer’s Chief Investment Officer Yves Bonzon joins journalist Hannah Wise to take a closer look at Julius Baer's investment strategy. They discuss performance and risk and how this impacts investors. Yves shares how we analyse and...

"We are not trying to save the planet, we are first trying to save ourselves". As part of a special two-week series featuring highlights from Julius Baer’s recent Beyond Markets podcasts, today's show features a clip from a conversation where Roy Athanasius Ang, Strategy & Business Operations Singapore, talks to Julius Baer's in-house climate and stewardship specialist Jean-Damien Bogner about...

As part of a special two-week series featuring highlights from Julius Baer’s recent Beyond Markets podcasts, today's show features a clip from a conversation that Nicolas de Skowronski, Head Wealth Management Solutions and member of the Executive Board, and Sonia Goessi, Head of Region Switzerland and Europe and member of the Executive Board had with host Emily Rookwood on Julius Baer’s 360-degree...

As part of a special two-week series featuring highlights from Julius Baer’s recent Beyond Markets podcasts, today's show features a clip from a conversation one of our Next Generation analysts, Damien Ng, had with host Emily Rookwood about the background and economic significance of obesity drugs. Our regular show that starts with daily market news returns on Monday 6th January.  00:00 Introducti...

Markets struggled to recover from hawkish comments by Fed Chair Jerome Powell, with equities ending the day lower despite a stronger-than-expected US GDP reading. Investors now turn their attention to European producer prices and the Fed's preferred inflation metric due out today, amid concerns over a potential US government shutdown. And we have Maeve Timoney on the show to talk about the topic o...

The Federal Reserve announced a 0.25% cut in interest rates, bringing the total cuts since September to 1%. The Fed's economic projections indicate a slower pace of cuts next year, citing a solid labour market and a stalled decline in inflation. Equity markets reacted negatively, with US equities falling sharply. Other asset classes also reacted, with US Treasury yields rising, the USD strengtheni...

Today's main event is undoubtedly the Federal Reserve's much-anticipated interest rate decision. Recent US economic data releases have been mixed, but investors are heavily betting on a 25 basis point cut. Meanwhile, German economic data has also been mixed as the country continues to navigate choppy waters. Over in Asia, a potential merger between Japanese car giants Nissan and Honda is making he...

In this episode, we explore why US stocks are continuing their upward momentum into year-end, and why some European markets are performing better than others. With major central banks set to announce interest rate policy decisions this week, traders are on high alert. We'll also examine the unrelenting surge in the Bitcoin price and take a closer look at industrial metals. To provide expert insigh...

Bitcoin surged to a new record high today, extending a rapturous rally since Donald Trump's re-election. With value stocks having been beaten down recently, Mensur Pocinci, Head of Technical Analysis, explains why he believes a year-end rally remains on the cards. Our Chief Economist, David Kohl, shares his insights into last week’s central bank decisions along with an outlook for the Fed’s intere...

Europe was the main focus yesterday with rate cuts from both the European Central Bank and the Swiss National Bank. The ECB mulled a 50 basis point cut but delivered 25 bps. The SNB, however, led by its new chief Martin Schlegel, surprised markets, announcing a half a percentage point cut. In the US, a raft of data didn’t convince the markets and they closed lower ahead of the Fed meeting next wee...

US inflation comes in as expected, solidifying interest rate cut hopes ahead of the Fed's policy decision next week. Equity markets breathe a sigh of relief, with technology names leading the charge, while the ECB and SNB prepare to announce rate decisions amidst growing growth concern. And we have Carsten Menke, Head of Next Generation Research, and Nicolas Jordan, CIO Office, on the show to talk...

As investors await the release of November inflation figures in the US later today, markets have edged slightly lower. The upcoming data is expected to provide clarity on the likelihood of a rate cut in the US next week. Meanwhile, central banks are set to take centre stage, with the Bank of Canada announcing its decision today, followed by the European Central Bank and the Swiss National Bank tom...

Chinese officials’ pledges to provide bolder support for economic growth are fuelling a rally in shares related to Chinese consumption, Chinese real estate, and Asian mining stocks. China beneficiaries in Europe also posted strong gains yesterday. Meanwhile, US equity markets took something of a breather following the recent strong rally, as traders await tomorrow’s key inflation data. Manuel Vill...

Global markets are starting the week cautiously due to geopolitical tensions, including the toppling of Syria's leader and the ongoing unrest in South Korea. Despite this, European markets performed well last week, with the CAC 40 and DAX rising. US jobs data was mixed and the Nasdaq and S&P 500 reached fresh highs. China's inflation slowed, and investors await tangible policies from the gover...

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...

A rally in the world's biggest technology companies led global equities higher yesterday as traders digested the latest economic data. US Treasury yields fell, while the euro regained some strength as investors watched the no-confidence vote in France. Bitcoin has crossed the USD 100,000 mark overnight for the first time. And we have Norbert Ruecker, Head of Economics & Next Generation Researc...

Join us on MovingMarkets, your daily dose of global market insights. In this episode, we explore the latest records broken in Germany and the US, with the DAX index surpassing 20,000 points for the first time and US stocks hitting an all-time high for the 55th time this year. But not all markets are thriving - South Korea's political turmoil has raised concerns. Our expert guests weigh in on the l...

US equities advanced further yesterday, led by the Magnificent Seven stocks, with the S&P 500 and the Nasdaq Composite posting fresh record highs. Meanwhile, France’s 10-year yield premium widened to levels not seen since June, as the country’s budget impasse risks plunging France’s government into its second political crisis in six months. Manuel Villegas, Next Generation Research, talks abou...