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Stocks dip as oil and bond yields rise
Published 1 week, 1 day ago
Description
Markets largely dipped yesterday as geopolitical tensions, rising oil prices and disappointing guidance from Walmart weighed on investor sentiment. After yields fell on Wednesday following the announcement from the US Treasury of doubling buybacks of longer-term debt, yesterday they resumed their upward trend yesterday, even after Treasury Secretary Bessent suggested further increases to the buyback programme. Tim Gagie, Head of FX Advisory in Geneva, joins the show today to talk about the impact of the Treasury’s announcement on the US dollar, and he also shares his latest thoughts on precious metals.
- (00:00) - Introduction: Bernadette Anderko, Product & Investment Content
- (00:31) - Markets wrap-up: Helen Freer, Product & Investment Content
- (05:45) - FX & metals update: Tim Gagie, Head of FX & Precious Metals Sales Geneva
- (10:21) - Closing remarks: Bernadette Anderko, Product & Investment Content
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