Sticky inflation meets tech weakness

There was a mixed picture in financial markets yesterday as persistent US inflation continues to test the Federal Reserve’s patience. European equities climbed to fresh record highs, boosted by healthcare and chip stocks, while US markets diverged, with tech weakness weighing on the Nasdaq. Overnight, Asia-Pacific markets came under pressure, led by sharp declines in Japan and South Korea, while oil volatility continues amid uncertainty around the Strait of Hormuz. In today’s show, we are joined by Tim Gagie, Head of FX Advisory in Geneva, who shares his views on the US dollar, gold and broader currency dynamics.(00:00) - Introduction: Helen Freer, Product & Investment Content (00:27) - Markets wrap-up: Lucija Caculovic, Product & Investment Content (06:17) - FX & metals update: Tim Gagie, Head of FX/PM PB Geneva (11:23) - Closing remarks: Helen Freer, Product & Investment Content 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.