Episode Details
Back to EpisodesWill the Fed go big? Gold hits new records amid rate cut speculation
Description
Markets are abuzz with speculation that the Federal Reserve may deliver a larger-than-expected 50 basis-point rate cut next week. As a result, yields have tumbled, and gold prices have surged to new record highs. Meanwhile, equity markets continue their winning streak, with the S&P 500 index closing higher for the fourth consecutive day. Tim Gagie, Head of FX/PM PB Sales in Geneva, also joins the podcast today and he breaks down the latest developments in currencies and metals markets and shares his insights on the current trading landscape.
00:00 Introduction by Helen Freer (Investment Writing)
00:25 Markets wrap-up by Roman Canziani (Head of Investment Writing)
06:00 Currencies and metals: Tim Gagie (Head of FX & PM Solutions Geneva)
10:29 Closing remarks by Helen Freer (Investment Writing)
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