About this episode
A solid US jobs report sends global stocks higher and US equities to all-time highs. But the devil lies in the detail. A US Federal Reserve rate cut in July is now off the table, pushing US Treasury yields higher and gold lower. What comes next? Investors are already looking to next week when Wednesday’s tariff deadline looms. Trump has intensified trade tensions even ahead of the deadline, saying the administration would start sending out letters to countries from today. Joining us is Tim Gagie, Head of FX/PM Private Banking in Geneva, who shares his views on the weakening US dollar, the moves in the British pound this week, and why gold remains a buy-on-dip. (00:00) - Introduction: Helen Freer, Investment Writing (00:51) - Markets wrap-up: Jan Bopp, Investment Writing (06:06) - FX and metals: Tim Gagie, Head of FX/PM PB Geneva (09:40) - Closing remarks: 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.