Market rotation is the theme of the week

The move away from large cap technology companies towards small cap and more cyclical names remains the big theme in the markets and led to a broad sell-off in US equities yesterday. Meanwhile in Europe, the European Central Bank decided to leave its main refinancing rate unchanged at 4.25% at its meeting yesterday. Across Asia, equities have largely struggled today, with the Hang Seng Index leading regional declines. Tim Gagie, Head of FX & PM Solutions in Geneva, joins the show today to share his thoughts on the recent moves in gold, the US dollar, the Japanese yen and the Swiss franc.00:00 Introduction by Helen Freer (Investment Writing)00:48 Markets wrap-up by Lucija Caculovic (Investment Writing)06:14 Currencies and metals: Tim Gagie (Head of FX & PM Solutions Geneva)11:34 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.