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Yields surge, oil rallies, and all eyes turn to payrolls
Published 2 weeks ago
Description
Markets endured a turbulent start to the fourth quarter as a global bond sell-off pushed US Treasury yields to their highest level since 2002 and intensified concerns over French public finances. European equities came under pressure, while US stocks recovered late in the session. Oil prices surged on supply concerns and geopolitical tensions, adding to inflation worries ahead of today's closely watched US payrolls report. In today's show, Tim Gagie, Head of FX Advisory in Geneva, discusses the outlook for the US dollar, the euro and precious metals.
- (00:00) - Introduction: Helen Freer, Product & Investment Content
- (00:28) - Markets wrap-up: Lucija Caculovic, Product & Investment Content
- (07:03) - FX & metals update: Tim Gagie, Head of FX & Precious Metals Sales Geneva
- (11:32) - Closing remarks: Helen Freer, Product & Investment Content
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