EPISODE · May 26, 2023 · 12 MIN
Tech sector shines as time runs out to avoid US government default
from Moving Markets · host Julius Baer
The tech sector rallied strongly yesterday, while other sectors and the broader market were flat to slightly lower. This followed the upbeat outlook on AI-related demand from the US chip developer Nvidia. Meanwhile, negotiations over the US debt ceiling increase are heating up as time is running out for politicians to find a solution. And Tim Gagie, our Head of FX & PM Solutions in Geneva, talks about where he sees opportunities in currencies and metals. 00:14 Introduction by Helen Freer (Investment Writing)00:36 Markets wrap-up by Roman Canziani (Investment Writing)07:01 FX update by Tim Gagie (Head of FX & PM Solutions Geneva)10:50 Closing remarks by Helen Freer (Investment Writing)
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Tech sector shines as time runs out to avoid US government default
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