Moving Markets

Julius Baer

Moving Markets is the home of podcasts at Julius Baer. Here, our expert teams share concise daily market updates in ‘Moving Markets Daily’ which is complemented by ‘Moving Markets: The View Beyond’, a weekly show dedicated to discussing the context, thematic angles, and investment implications behind key topics shaping the news cycle and conversations among our relationship managers and clients.

The information contained in this podcast is marketing material. Opinions expressed do not constitute independent financial/investment research, investment advice, or an offer to buy or sell securities by Julius Baer. Please refer to www.juliusbaer.com/legal/podcasts for important legal information prior to listening to this podcast.

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1,058 episodes
Updated Yesterday

Episodes1058

Newest first

Jan 24, 2024 · 13 min
Investor focus shifts to Europe ahead of tomorrow’s ECB meeting
As equity markets in Europe struggle for direction, US stocks advanced, with the S&P 500 reaching a fresh all-time closing high. In politics, Donald Trump defeated Nikki Haley to win the key New Hampshire primary, in what pundits are claiming is now a done deal for Trump moving ahead. And Dario Messi, Fixed Income Strategy, shares with us his views on European government bonds ahead of the ECB’s policy meeting tomorrow. 00:00 Introduction by Bernadette Anderko (Investment Writing) 00:40 Markets wrap-up by Jonti Warris (Investment Writing) 07:23 European government bonds by Dario Messi (Fixed Income Strategy) 11:54 Closing remarks by Bernadette Anderko (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 23, 2024 · 11 min
US equities at all-time highs
In the US, both the Dow Jones Industrial Average and the S&P 500 hit new all-time highs yesterday, suggesting that Wall Street is indeed in a bull run. Meanwhile, in Asia, the Bank of Japan kept its monetary policy unchanged and Chinese authorities are reportedly planning fresh stimulus measures to help ailing stock markets both onshore and offshore. In Europe, Italy’s yield premium over Germany narrowed to its smallest in almost two years. Manuel Villegas from Next Generation Research joins the show today to discuss the implications of the US Securities and Exchange Commission’s approval of Bitcoin ETFs. 00:00 Introduction by Bernadette Anderko (Investment Writing) 00:21 Markets wrap-up by Lucija Caculovic (Investment Writing) 07:12 Digital assets update by Manuel Villegas (Next Generation Research) 10:46 Closing remarks by Bernadette Anderko (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 22, 2024 · 16 min
A mixed bag in stock markets
The S&P 500 closed at an all-time high last week, but European stocks ended the week lower. This morning the Nikkei 225 is up more than 1.6% but China’s stocks are in the red. Investors now anticipate European Central Bank policy decisions and two major US data reports at the end of this week. Mensur Pocinci, Head of Technical Analysis, reveals what the charts are saying about the current market situation and Richard Tang, Head of Research Hong Kong, provides insights into the Chinese equity doldrums. 00:00 Introduction by Mike Rauber (Investment Writing) 00:37 Markets wrap-up by Bernadette Anderko (Investment Writing) 05:39 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research) 09:44 China markets by Richard Tang (Head of Research Hong Kong) 14:45 Closing remarks by Mike Rauber (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 19, 2024 · 17 min
Tech stocks driving markets higher
The world’s largest technology companies are leading stocks higher around the globe, with the Nasdaq 100 reaching an all-time high yesterday. Treasuries spiked inthe immediate aftermath of yesterday’s jobs report, but the move quickly lost steam. Meanwhile, Italy looks set to proceed with its privatisation push, which could see the country sell EUR 20 billion worth of its stakes in state-owned companies by 2026. InAsia, Japan’s inflation numbers for December came in at the lowest level since June 2022. Tim Gagie, Head of FX & PM Solutions Geneva, shares his thoughts on what’s happening in the FX markets and Adrienne Jaersvall, Head of Funds Advisory, talks about alternative investments. 00:00 Introduction by Helen Freer (Investment Writing) 00:38 Markets wrap-up by Lucija Caculovic (Investment Writing) 06:01 Currencies and metals by Tim Gagie (Head of FX & PM Solutions Geneva) 11:29 Market Outlook 2024 – Alternative investments by Adrienne Jaersvall (Head of Funds Advisory) 16:16 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 18, 2024 · 14 min
Buoyant US data delays case for rate cuts
Stocks around the globe fell for a third day and bond yields rose, as traders trimmed their bets on rate cuts by the Fed after stronger-than-expected US retail sales data. Fed swaps are now showing the probability of a rate cut in March at just 58%, versus 90% for May. Carsten Menke, Head of Next Generation Research, gives an update on industrial metals and the Chinese economy. And Nicolas Jordan, CIO Strategy and Investment Analysis, talks to us about external shocks in markets and the outlook for the global economy. 00:00 Introduction by Helen Freer (Investment Writing) 00:33 Markets wrap-up by Jonti Warris (Investment Writing) 06:15 China/Iron ore by Carsten Menke (Head of Next Generation Research) 10:32 Latest news from the CIO Office by Nicolas Jordan (CIO Strategy & Investment Analysis) 13:05 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 17, 2024 · 16 min
Central banks pushing back on rate cut expectations
The market’s positioning for aggressive cuts in the US and Europe is being tested this week by several central bank officials. All of this is pushing US and European bond yields higher and continuing to weigh on equity markets. In Asia, a stock selloff deepened after fresh data redoubled concerns about China’s economy. Dario Messi from Fixed Income Research joins today’s show to shed some light on what to expect from bonds this year, and Mathieu Racheter, Head of Equity Strategy, gives us more insight into the ongoing earnings season. 00:00 Introduction by Bernadette Anderko (Investment Writing) 01:05 Markets wrap-up by Jan Bopp (Investment Writing) 07:28 Market Outlook 2024 - fixed income calls by Dario Messi (Fixed Income Strategy) 11:22 Earnings Season update by Mathieu Racheter (Head of Equity Strategy) 14:59 Closing remarks by Bernadette Anderko (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 16, 2024 · 16 min
With the US closed, all eyes on Davos
US markets were shut for Martin Luther King Day yesterday, but polling booths in frozen Iowa were open for Republicans who voted overwhelmingly for Donald Trump as their next presidential nominee. Also yesterday, the World Economic Forum in Davos kicked off, with the ECB’s Robert Holzmann stealing most of the headlines as he sent European stock prices down and bond prices up with his comments that there might be no scope for rate cuts in the Eurozone in 2024. Hannah Wise, Head of Investment Communication, provides a sneak peek into the forthcoming Market Outlook 2024 Webcast taking place at 10:00 CET on the 18th January, whilst Manuel Villegas rejoins the show from Next Generation Research with the latest news on digital assets. 00:00 Introduction by Helen Freer (Investment Writing) 00:38 Markets wrap-up by Bernadette Anderko (Investment Writing) 06:47 Market Outlook 2024 Webcast 18th January by Hannah Wise (Head of Investment Communication) 10:15 Digital assets update by Manuel Villegas (Next Generation Research) 15:28 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 15, 2024 · 11 min
Microsoft becomes the world’s largest company
US equities rallied last week on growing expectations of lower interest rates and Microsoft became the largest company by market capitalisation. The earnings season kicked off in earnest on Friday with the major banks including JPMorgan reporting, and this will be followed by Morgan Stanley and Goldman Sachs announcing results on Tuesday. The Republican nomination process for the US presidency begins tonight with the Iowa caucuses, where the former President Trump is seen as the clear frontrunner. Chinese equities are only marginally lower as China's central bank did not cut a key interest rate, while Baidu is sharply down as the risk of sanctions on the company has increased. Mensur Pocinci, Head of Technical Analysis Research, points out that the uptrend in (US) equities remains intact, as does the downtrend in bond yields. 00:00 Introduction by Helen Freer (Investment Writing) 00:27 Markets wrap-up by Mike Rauber (Investment Writing) 07:01 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research) 09:50 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 12, 2024 · 17 min
US CPI data fails to impress
US CPI data, revealing that headline prices increased more than expected in December while core inflation fell, disappointed equity markets on Thursday. A US/UK airstrike on Houthi rebels in Yemen added to inflationary concerns although it did provide a boost to oil prices. Markets are now turning their attention to the US earnings season. Tim Gagie, Head of FX & PM Solutions Geneva, and Mathieu Racheter, Head of Equity Strategy, provide timely updates on what’s hot and what’s not in the FX and equity markets as we start the year. 00:00 Introduction by Helen Freer (Investment Writing) 00:33 Markets wrap-up by Bernadette Anderko (Investment Writing) 06:30 Currencies and metals by Tim Gagie (Head of FX & PM Solutions Geneva) 12:24 Market Outlook 2024 – Equities by Mathieu Racheter (Head of Equity Strategy) 16:06 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 11, 2024 · 15 min
US inflation and spot Bitcoin ETF approval in focus today
Today’s main focus will be the first trading day of the newly approved US spot Bitcoin ETFs and the market’s reaction to the release of US inflation figures. Asian shares are seeing their best day since the start of the year on USD weakness, and the EUR is higher as ECB officials caution against interest rate cuts. Carsten Menke, Head of Next Generation Research, notes that the muted price reaction to the SEC’s approval of the spot Bitcoin ETFs is probably a positive sign. Nicolas Jordan, from the CIO Office, highlights that a more optimistic investor consensus compared with the start of last year means that market fragility has increased in the short term. 00:00 Introduction by Helen Freer (Investment Writing) 00:33 Markets wrap-up by Mike Rauber (Investment Writing) 06:41 Bitcoin ETF approval by Carsten Menke (Head of Next Generation Research) 11:24 Latest news from the CIO Office by Nicolas Jordan (CIO Strategy & Investment Analysis) 14:42 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 10, 2024 · 14 min
Today is a big day for Bitcoin
As global equities continue to struggle, Japanese equities are hitting highs last seen in 1990. US Treasury yields are higher ahead of tomorrow’s US inflation data while investors continue to look for clues as to the state of the US economy and the direction of interest rates. Bitcoin had a volatile evening yesterday following a false report that the US Securities and Exchange Commission had approved a spot Bitcoin ETF. Dario Messi from Fixed Income Research joins today’s show to shed some light on the US fiscal budget and bond issuance, and Mathieu Racheter, Head of Equity Strategy, tells us what to expect from the earnings season that’s just around the corner. 00:00 Introduction by Bernadette Anderko (Investment Writing) 00:24 Markets wrap-up by Lucija Caculovic (Investment Writing) 05:38 Bond marker update by Dario Messi (Fixed Income Strategy) 10:20 Earnings Season Preview by Mathieu Racheter (Head of Equity Strategy) 13:25 Closing remarks by Bernadette Anderko (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 9, 2024 · 17 min
Big tech rallies while subdued German data disappoints
While a string of economic data prints out of Germany disappoint, big tech made a comeback yesterday, with the Nasdaq Composite posting its best daily return since November. After Swiss inflation remained stable in December, the Swiss franc shows renewed strength and the SMI is one of the few European indices in positive territory year to date. And Mark Matthews, Head of Research Asia, talks to us about the health of the Japanese equity market and why he sees India as a rose among the thorns. 00:00 Introduction by Helen Freer (Investment Writing) 00:34 Markets wrap-up by Jonti Warris (Investment Writing) 06:36 Asia update: India, China and Japan by Mark Matthews (Head of Research Asia) 16:12 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 8, 2024 · 12 min
The end of a rocky first week in financial markets
A string of hawkish comments, a rise in inflation rates in Europe and a strong US employment report last week had market participants worried that interest rates were set to stay higher for longer than they had hoped, putting stocks and bonds on course for one of the worst starts to the year in a decade. In China, investors are faced with the shadow banking giant Zhongzhi filing for bankruptcy, marking one of China’s biggest-ever corporate collapses. Mensur Pocinci, Head of Technical Analysis, joins the show today to discuss the technical setup of the market and why you shouldn’t pay too much attention to the first week of equity market performance when it comes to its implications for the rest of the year. 00:00 Introduction by Helen Freer (Investment Writing) 00:27 Markets wrap-up by Jan Bopp (Investment Writing) 07:20 Technical Analysis update by Mensur Pocinci (Head of Technical Analysis Research) 11:32 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 5, 2024 · 10 min
The struggle continues
Equities around the world continue to struggle, with US equities set to end the week lower, snapping a nine-week winning streak. This comes as traders increasingly reduce their bets on how quickly and how deeply central banks will cut interest rates. In Asia, investors are speculating that the Bank of Japan will find it difficult to scrap its negative interest rates at a time when the country needs monetary support following the tragic events there. Meanwhile, oil rose overnight despite yesterday's data showing an oversupply in the US. Dario Messi from Fixed Income Research joins the show today to provide further insights into the bond market. 00:00 Introduction by Helen Freer (Investment Writing) 00:30 Markets wrap-up by Lucija Caculovic (Investment Writing) 05:46 Fixed income market update by Dario Messi (Fixed Income Strategist) 09:25 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 4, 2024 · 11 min
Stock markets in a hangover mood - and the Fed offers no medicine
Equity markets continued to slide yesterday, with most markets posting negative performance for the day. Economic data pointing to some weakness in the US and China, as well as the minutes of the Federal Reserve's December meeting, have been the main talking points over the last few hours. Meanwhile, oil is rising again this morning - Norbert Rücker, Head of Economics & Next Generation Research, shares his views on where the price of black gold is heading. 00:00 Introduction by Helen Freer (Investment Writing) 00:33 Markets wrap-up by Roman Canziani (Head of Investment Writing) 06:38 Energy update by Norbert Rücker (Head of Economics & Next Generation Research) 10:11 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 3, 2024 · 6 min
Special Episode: Good retirement planning
As part of a special winter series featuring highlights from recent Julius Baer podcasts, today's show features a conversation on Beyond Markets between Gaetano Petrocelli, Head of Wealth Planning Insurance, and Grace Treston, Content Editor about what factors we should consider for good retirement planning. Our regular programme featuring daily market news returns on Thursday 4th January. 00:00 Introduction by Helen Freer (Investment Writing) 00:35 Good Retirement Planning by Gaetano Petrocelli (Head of Wealth Planning Insurance) and Grace Treston (Content Editor) 05:26 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Jan 2, 2024 · 13 min
Special Episode: How secure is our food future?
As part of a special winter series featuring highlights from recent Julius Baer podcasts, today's show features a conversation between Carsten Menke, Head of Next Generation Research, and Emily Rookwood, Head of Publications on the topic of food inflation and food security. Our regular programme featuring daily market news returns on Thursday 4th January. 00:00 Introduction by Helen Freer (Investment Writing) 00:41 Food inflation and food security by Carsten Menke (Head of Next Generation Research) 12:33 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Dec 29, 2023 · 9 min
Special Episode: Investing in Swiss Assets
As part of a special winter series featuring highlights from recent Julius Baer podcasts, today's show features a conversation about investing in Swiss assets between Helen Freer and Mathieu Racheter, Head of Equity Strategy, along with Dario Messi, a Fixed Income Strategist on Julius Baer’s Beyond Markets series. They talk about the strength of the labour market in Switzerland as well as the currency, the high-quality businesses, the safe-haven status of both the currency and the country, and much more. 00:00 Introduction by Helen Freer (Investment Writing) 00:45 Investing in Swiss Assets by Mathieu Racheter (Head of Equity Strategy) and Dario Messi (Fixed Income Strategist) 08:16 Closing remarks by Helen Freer (Investment Writing) Our regular programme featuring daily market news returns on Thursday 4th January. Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Dec 28, 2023 · 9 min
Special Episode: China’s Economy
As part of a special winter series featuring highlights from recent Julius Baer podcasts, today's show features a recent conversation about the Chinese market between Hong Hao, Partner and Chief Economist at GROW Investment Group, and China Strategist Richard Tang (Head of Research Hong Kong). Together, they discuss China’s exports and property market. Our regular programme featuring daily market news returns on Thursday 4th January. 00:00 Introduction by Helen Freer (Investment Writing) 00:38 China's Economy by Hong Hao (Partner and Chief Economist at GROW Investment Group) 08:22 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.
Dec 27, 2023 · 7 min
Special Episode: Looking at the biotechnology sector
As part of a special winter series featuring highlights from recent Julius Baer podcasts, today's show features a recent conversation on biotechnology between healthcare analyst Fabian Wenner and equity specialist Yaw Shin Wong on the Julius Baer Beyond Markets podcast. Together they talk about the fundamentals of this segment of healthcare, mRNA technology and the number of acquisitions taking place. Our regular programme featuring daily market news returns on Thursday 4th January. 00:00 Introduction by Helen Freer (Investment Writing) 00:41 Biotechnology by Fabian Wenner (Healthcare Analyst) and Yaw Shin Wong (Equity Specialist Asia) 05:57 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.