EPISODE · Feb 28, 2025 · 11 MIN
Tariffs and tech weigh on sentiment
from Moving Markets · host Julius Baer
Tariffs are back on the table after President Trump confirmed yesterday that the delayed tariffs on Mexico and Canada will take effect on 4 March, while China will face an additional 10% tariff on top of existing levies. While investors are still wondering if this is just a negotiating tactic or not, stock markets were broadly lower yesterday and overnight. Meanwhile, Nvidia had to say goodbye to the exclusive USD 3 trillion market capitalisation club, as its shares plummeted despite a robust earnings report. Today, all eyes are on the upcoming release of the US PCE price index release – the Federal Reserve’s preferred measure of inflation. Joining us today is Thomas Caflisch, Head of FX & PM Solutions, with a deep dive on currencies.00:00 Introduction by Helen Freer (Investment Writing)00:24 Markets wrap-up by Lucija Caculovic (Investment Writing)07:39 FX and metals: Thomas Caflisch (Head of FX & PM Solutions)10:40 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.
What this episode covers
Tariffs are back on the table after President Trump confirmed yesterday that the delayed tariffs on Mexico and Canada will take effect on 4 March, while China will face an additional 10% tariff on top of existing levies. While investors are still wondering if this is just a negotiating tactic or not, stock markets were broadly lower yesterday and overnight. Meanwhile, Nvidia had to say goodbye to the exclusive USD 3 trillion market capitalisation club, as its shares plummeted despite a robust earnings report. Today, all eyes are on the upcoming release of the US PCE price index release – the Federal Reserve’s preferred measure of inflation. Joining us today is Thomas Caflisch, Head of FX & PM Solutions, with a deep dive on currencies.00:00 Introduction by Helen Freer (Investment Writing)00:24 Markets wrap-up by Lucija Caculovic (Investment Writing)07:39 FX and metals: Thomas Caflisch (Head of FX & PM Solutions)10:40 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.
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Tariffs and tech weigh on sentiment
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