10 min listen
Everyone’s waiting for Jerome Powell
ratings:
Length:
12 minutes
Released:
Aug 25, 2023
Format:
Podcast episode
Description
US stock markets stumbled yesterday as strong results from blockbuster Nvidia failed to boost the broader stock market and as investors seemed nervous ahead of today’s speech by Federal Reserve Chairman Jerome Powell. The negative sentiment spread to the Asia-Pacific region overnight. In other news, the BRICS group announced plans to increase its number of members, which could well lead to some complicated geopolitics going forwards. Tim Gagie, Head of FX & PM Solutions Geneva, also joins today’s show and he comments on the major developments in the FX and metals markets.00:00 Introduction by Helen Freer (Investment Writing)00:24 Markets wrap-up by Lucija Caculovic (Investment Writing)05:45 FX update by Tim Gagie (Head of FX & PM Solutions Geneva)10:30 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Released:
Aug 25, 2023
Format:
Podcast episode
Titles in the series (100)
Stocks come under pressure in late trading amid worries on growth perspectives: The rally on stock markets has paused on Apple’s plans to slow hiring. The race for the succession of Boris Johnson as UK prime minister and leader of the conservative party is heating up with Rishi Sunak one of the favourites. Sophie Altermatt from Macro by Moving Markets: Daily News