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While US markets were closed yesterday for the Juneteenth holiday, the rest of the world did not escapemarket volatility. Global stocks fell as uncertainty surrounding the Israel-Iran conflict and potential US involvement continued. Meanwhile, central banks made their interest rate announcements: the Swiss National Bank cut its benchmark rate to 0%, whereas the Bank of England kept rates unchanged at 4.25%. This morning, oil prices have reversed slightly, trading lower; while gold is also down, putting it on track for a weekly loss. Joining us to discuss the latest developments in the US dollar, the Swiss franc, and precious metals is Tim Gagie, our Head of FX & PM Solutions in Geneva.
- (00:00) - Introduction by Bernadette Anderko (Investment Writing)
- (00:31) - Markets wrap-up by Lucija Caculovic (Investment Writing)
- (06:26) - FX and metals markets by Tim Gagie (Head of FX/PM PB Geneva)
- (10:36) - Closing remarks by Bernadette Anderko (Investment Writing)
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