Moving Markets

The Magnificent Seven under the weather


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Markets were on the back foot yesterday, dragged down by tech giants such as Tesla and Apple, which added to their year-to-date losses. While tech stocks led the declines, the losses were fairly broad-based. In addition to the tech correction, some weaker than expected economic data added to fears that a soft landing might not be a done deal. The general weakness in data helped to push government bond yields lower throughout the day, with gold and bitcoin hitting new all-time highs in intraday trading. Dario Messi, Fixed Income Strategist, gives more insight into what to expect from central bank meetings in the coming weeks.

00:00 Introduction by Bernadette Anderko (Investment Writing)

00:27 Markets wrap-up by Jan Bopp (Investment Writing)

06:30 A big central bank month: Dario Messi (Fixed Income Strategy)

11:40 Closing remarks by Bernadette Anderko (Investment Writing)

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Moving MarketsBy Julius Baer

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