Equities up, USD mostly down

After a flurry of interest rate decisions by major central banks, global equities are mostly higher and the USD is mostly weaker - although it is rising against the JPY as the Bank of Japan remains on its lonely monetary policy island. The rally in US equities appears to be broadening, while Chinese equities are rallying on stimulus hopes. Tim Gagie, Head of FX & PM Solutions Geneva, discusses currency positioning as the USD has continued to weaken against most currencies. Carsten Menke, Head of Next Generation Research, notes that simply stopping rate hikes is not enough for gold to shine again.00:14 Introduction by Helen Freer (Investment Writing)00:36 Markets wrap-up by Mike Rauber (Investment Writing)05:41 FX Update by Tim Gagie (Head of FX & PM Solutions Geneva)11:07,5 Update on gold by Carsten Menke (Head of Next Generation Research)14:52 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.