13 min listen
Dow Jones reaches new milestone
ratings:
Length:
12 minutes
Released:
May 17, 2024
Format:
Podcast episode
Description
Both European and US stock markets ended yesterday’s trading session in negative territory, but the Dow Jones made some positive headlines as it touched the significant milestone of 40,000 points for the first time in history. Macroeconomic data releases from the US continued to point to a stable or gradually cooling US economy, while China reported a mixed economic picture, weighing on Asia-Pacific markets. Tim Gagie, Head of FX & PM Solutions in Geneva, joins the show today to talk about the US dollar and metals.00:00 Introduction by Helen Freer (Investment Writing)00:21 Markets wrap-up by Lucija Caculovic (Investment Writing)06:14 Currencies and metals by Tim Gagie (Head of FX & PM Solutions Geneva)10:49 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 wherever you get your podcasts.
Released:
May 17, 2024
Format:
Podcast episode
Titles in the series (100)
US Fed solidifies its resolve for higher interest rates: In the US, a mixed response from bonds and equities to the Fed’s June meeting minutes made headlines. The euro reaches a 20-year low, sliding towards parity with the US dollar, as investors fear the European economy’s lurch towards a recession. Carsten Me by Moving Markets: Daily News