With the Fed out of the way, it’s the turn of European central banks

The US federal Reserve delivered the expected 50 basis point hike yesterday, but stock markets were disappointed by the indication that officials expect to keep rates higher in 2023, with no reductions expected until 2024. European stock markets now nervously await decisions from the ECB, Swiss national Bank and Bank of England. Carsten Menke, Head of Next Generation Research talks us through why he expects the recent recovery in gold and silver prices to run out of steam soon, and Nicolas Jordon updates us on the latest thoughts from the bank’s investment committee. 00:14 Introduction and markets wrap-up by Bernadette Anderko (Investment Writing) 03:47 Gold & Silver update by Carsten Menke (Head of Next Generation Research) 06:58 IC Meeting update by Nicolas Jordan (CIO Strategy) 09:49 Closing remarks by Bernadette Anderko (Investment Writing)