US Treasury yields drive market volatility

Yesterday’s trading session saw significant volatility in Treasury yields after the US House of Representatives approved President Trump’s major tax reform bill. This occurred amidst mixed macroeconomic data from the US. European stocks closed lower, while key US indices finished the day mixed around the zero line. Meanwhile, in Asia, one of the top stories overnight was the first phone call between the US and China since their meeting in Geneva. Asian markets were broadly higher. Bitcoin reached new record highs due to a combination of factors. To discuss the latest developments in the US dollar, platinum, and other foreign exchange and precious metals news, we are joined by Tim Gagie, Head of FX/PM Private Banking in Geneva.00:00 Introduction: Helen Freer, Investment Writing00:28 Markets wrap-up: Lucija Caculovic, Investment Writing07:43 FX/Metals: Tim Gagie, Head of FX/PM PB Geneva11:12 Closing remarks: Helen Freer, Investment WritingWould you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.