Will the Fed go big? Gold hits new records amid rate cut speculation

Markets are abuzz with speculation that the Federal Reserve may deliver a larger-than-expected 50 basis-point rate cut next week. As a result, yields have tumbled, and gold prices have surged to new record highs. Meanwhile, equity markets continue their winning streak, with the S&P 500 index closing higher for the fourth consecutive day. Tim Gagie, Head of FX/PM PB Sales in Geneva, also joins the podcast today and he breaks down the latest developments in currencies and metals markets and shares his insights on the current trading landscape. 00:00 Introduction by Helen Freer (Investment Writing) 00:25 Markets wrap-up by Roman Canziani (Head of Investment Writing) 06:00 Currencies and metals: Tim Gagie (Head of FX & PM Solutions Geneva) 10:29 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 wherever you get your podcasts.