About this episode
US equities reach another record high as investors downplay tariff concerns, buoyed by a positive forecast from Delta Airlines. Bitcoin soars to a new all-time high, exceeding USD 118,000. European shares see modest gains, with the Swiss market leading the way due to advancements in healthcare, and the UK market rising on the back of strong commodity performance following the announcement of the US copper tariffs. The original Hermès Birkin handbag is sold for EUR 8.58 million. According to Thomas Caflisch, Head of FX & PM Solutions, the US dollar's downward trend remains in place, although he notes that July and August are typically not periods of strong trends. (00:00) - Introduction: Helen Freer, Investment Writing (00:25) - Markets wrap-up: Mike Rauber, Investment Writing (06:15) - FX and metals: Thomas Caflisch, Head of FX/PM Solutions (08:57) - 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.