US stock markets stumbled yesterday as strong results from blockbuster Nvidia failed to boost the broader stock market and as investors seemed nervous ahead of today’s speech by Federal Reserve Chairman Jerome Powell. The negative sentiment spread to the Asia-Pacific region overnight. In other news, the BRICS group announced plans to increase its number of members, which could well lead to some complicated geopolitics going forwards. Tim Gagie, Head of FX & PM Solutions Geneva, also joins today’s show and he comments on the major developments in the FX and metals markets.

00:00 Introduction by Helen Freer (Investment Writing)

00:24 Markets wrap-up by Lucija Caculovic (Investment Writing)

05:45 FX update by Tim Gagie (Head of FX & PM Solutions Geneva)

10:30 Closing remarks by Helen Freer (Investment Writing)

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