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Tech sector shines as time runs out to avoid US government default

Tech sector shines as time runs out to avoid US government default

FromMoving Markets: Daily News


Tech sector shines as time runs out to avoid US government default

FromMoving Markets: Daily News

ratings:
Length:
12 minutes
Released:
May 26, 2023
Format:
Podcast episode

Description

The tech sector rallied strongly yesterday, while other sectors and the broader market were flat to slightly lower. This followed the upbeat outlook on AI-related demand from the US chip developer Nvidia. Meanwhile, negotiations over the US debt ceiling increase are heating up as time is running out for politicians to find a solution. And Tim Gagie, our Head of FX & PM Solutions in Geneva, talks about where he sees opportunities in currencies and metals. 00:14 Introduction by Helen Freer (Investment Writing)00:36 Markets wrap-up by Roman Canziani (Investment Writing)07:01 FX update by Tim Gagie (Head of FX & PM Solutions Geneva)10:50 Closing remarks by Helen Freer (Investment Writing)
Released:
May 26, 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.