Moving Markets: Daily News

Two of this week’s biggest stories collided when US President Donald Trump addressed the World Economic Forum, where he made some big demands. US stock markets rose in late trading yesterday and are on track to end the week higher. European stock markets are also building on the positive momentum seen earlier in the week. Meanwhile in Asia, the Bank of Japan’s decision to raise interest rates has caused some market moves. Joining us to break down the latest in FX and metals is Tim Gagie, Head of FX & PM Solutions in Geneva, and we are also joined by Richard Tang, Head of Research Hong Kong, for a thorough update on Asian markets.00:00 Introduction by Helen Freer (Investment Writing)00:31 Markets wrap-up by Lucija Caculovic (Investment Writing)07:18 FX and metals: Tim Gagie (Head of FX & PM Solutions Geneva)11:31 Asia update: Richard Tang (Head of Research Hong Kong)21:50 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.

The Euro Stoxx 600 index reached an all-time high yesterday, as did the German DAX index, led by strong earnings from companies like Siemens Energy and Adidas. In the US, President Trump's USD 100 billion AI infrastructure plan, called Stargate, and its focus on growth rather than protectionism has eased inflation concerns, causing the US yield curve and the US dollar to dip. US equities closer higher, but the CEO of JPMorgan cautioned that asset prices are somewhat inflated. Gold is near its all-time high. In Japan, the latest economic data supports a rate hike tomorrow. Carsten Menke, Head of Next Generation Research, notes that Stargate constitutes a continuation, rather than an acceleration, of the established structural trend.00:00 Introduction by Helen Freer (Investment Writing)00:34 Markets wrap-up by Roman Canziani (Head of Investment Writing)06:02 Expansion of AI infrastructure: Carsten Menke (Head of Next Generation Research)10:08 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.

Headline risks are back. Stocks extended their gains after Trump announced a major AI infrastructure initiative called Stargate, while vowing to hit the European Union and China with tariffs. Markets were focusing on the positive news, pushing global equities higher. This has also been supported by positive earnings news. Leonardo Pellandini from Equity Strategy discusses the ongoing earnings season in more detail, while Dario Messi, Head of Fixed Income Research, shares his view on the world of bonds and how to navigate the credit market.00:00 Introduction by Bernadette Anderko (Investment Writing)00:34 Markets wrap-up by Jan Bopp (Investment Writing)05:41 Bond Market update: Dario Messi (Head of Fixed Income Research)09:35 Earnings Season update: Leonardo Pellandini (Equity Strategy)13:10 Closing remarks by Bernadette Anderko (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.

President Trump has spent his first hours back in the White House tearing up many of Joe Biden’s policiesand issuing a flurry of executive orders on matters including immigration, energy and the cost of living. The US dollar surged on news of potential tariffs on Canada and Mexico, while oil prices slipped after Trump announced plans to boost US oil and gas production. Manuel Villegas, Next Generation Research, shares his thoughts on digital assets amid increased volatility in the new Trump 2.0 era.00:00 Introduction by Helen Freer (Investment Writing)00:38 Markets wrap-up by Jonti Warris (Investment Writing)06:24 Digital assets update by Manuel Villegas (Next Generation Research)10:19 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. 

Bitcoin is trading sharply higher as Donald Trump prepares to take office as the 47th President of the United States, with many anticipating that his presidency will further boost the price of the largest cryptocurrency. Meanwhile, despite US markets being closed today, investors are bracing themselves for a hectic week ahead, marked by the new administration's expected announcement of numerous executive orders, the commencement of the World Economic Forum in Davos, and the intensification of earnings season. Mensur Pocinci, Head of Technical Analysis, believes that stocks still have room to rise, while yields appear poised for a downturn.00:00 Introduction by Bernadette Anderko (Investment Writing)00:38 Markets wrap-up by Roman Canziani (Head of Investment Writing)07:00 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis)10:27 Closing remarks by Bernadette Anderko (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.

US banks kick off the earnings season with strong beats, while European luxury companies such as Richemont impress with better-than-expected sales. Comments from Fed official Waller on potential rate cuts in 2025 boost investor sentiment, supporting equities and pushing yields lower against a backdrop of robust but slightly softer US economic data. We have Bence Boldvai from our FX & PM Solutions team on the show to talk about the currency market and the particularities of the gold market.00:00 Introduction by Bernadette Anderko (Investment Writing)00:27 Markets wrap-up by Jan Bopp (Investment Writing)06:13 FX and metals: Bence Boldvai (FX & PM Advisory)09:50 Closing remarks by Bernadette Anderko (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.

Stocks rally and government bond yields drop on positive inflation reports from the US and the UK. Another catalyst for the positive mood across markets is the season's first earnings reports from several Wall Street heavyweights, which all beat estimates and provided positive outlooks. Meanwhile, gold has been quietly gaining ground, despite a strengthening US dollar. We're joined by Carsten Menke, Head of Next Generation Research, who shares his thoughts on why he believes last year's rally in the yellow metal might resume.00:00 Introduction by Helen Freer (Investment Writing)00:31 Markets wrap-up by Roman Canziani (Head of Investment Writing)06:10 Gold: Carsten Menke (Head of Next Generation Research)11:27 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.

US small business owners are experiencing their highest level of optimism in over 40 years, fuelled by expectations of tax cuts and deregulation under Donald Trump. US producer prices rose less than expected in December, providing some relief, although today's consumer price data release will be key. The UK reported lower-than-expected inflation in December, weighing on the pound, while Japan's yen strengthened on hints of impending rate hikes. The US earnings season kicks off today, including Goldman Sachs, JPMorgan, and Citigroup. Dario Messi, Head of Fixed Income Research, talks about Treasury Inflation Protected Securities (TIPS) and what makes them outperform. Leonardo Pellandini, Equity Strategy Research, discusses the US earnings season and what to look out for.00:00 Introduction by Bernadette Anderko (Investment Writing)00:24 Markets wrap-up by Mike Rauber (Investment Writing)06:33 Bond market update: Dario Messi (Head of Fixed Income Research)12:25 Earnings Season Preview: Leonardo Pellandini (Equity Strategy)17:04 Closing remarks by Bernadette Anderko (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.

It was a mixed bag for global equities at the start of the new trading week. European equities stumbled in response to last week's robust US jobs data, while US markets saw a significant shift away from technology stocks and towards energy, healthcare and materials. Market sentiment is being driven by expectations that the Federal Reserve will be cautious with regard to cutting interest rates this year, higher global government bond yields and a strengthening US dollar. Meanwhile, Japanese equities faced headwinds overnight amid growing expectations of an imminent rate hike. Joining us to break down the current state of the crypto world is Manuel Villegas from Next Generation Research.00:00 Introduction by Helen Freer (Investment Writing)00:24 Markets wrap-up by Lucija Caculovic (Investment Writing)06:50 Digital assets update by Manuel Villegas (Next Generation Research)10:12 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. 

Friday’s US jobs report saw global stocks wipe out their 2025 gains while the US dollar jumped to its highest level in over two years. Meanwhile, swap traders are slashing their bets for Federal Reserve rate cuts this year amid the global bond rout. Mensur Pocinci, Head of Technical Analysis, provides his latest views on markets from a technical perspective.00:00 Introduction by Helen Freer (Investment Writing)00:27 Markets wrap-up by Jonti Warris (Investment Writing)06:58 Technical Analysis update: Mensur Pocinci (Technical Analysis update)09:27 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.