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Financials and the Fed driving the market

Financials and the Fed driving the market

FromMoving Markets: Daily News


Financials and the Fed driving the market

FromMoving Markets: Daily News

ratings:
Length:
9 minutes
Released:
Mar 10, 2023
Format:
Podcast episode

Description

Wall Street suffered a losing session yesterday, dragged down by financials and concerns that higher interest rates could leave banks exposed to loan losses due to borrower defaults. Meanwhile, remarks from Federal Reserve Chairman Jerome Powell continue to leave market participants pondering how much the US central bank might raise interest rates and what the consequences might be. Today's guests are David Kohl, Chief Economist, who comments on the Fed, and Tim Gagie, Head of FX & PM Solutions in Geneva, who shares his latest views on currencies.00:14 Introduction and markets wrap-up by Lucija Caculovic (Investment Writing)03:12 Comments after Powell’s testimony by David Kohl (Chief Economist)06:07 FX update by Tim Gagie (Head of FX & PM Solutions Geneva)08:15 Closing remarks by Lucija Caculovic (Investment Writing)
Released:
Mar 10, 2023
Format:
Podcast episode

Titles in the series (100)

Moving Markets is a daily market news briefing from Julius Baer. Our experts discuss the latest market developments and put the headlines in perspective to set you up for the coming day. The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.