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The Week in Markets: December Fed meeting could be its strangest ever

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Manage episode 520985524 series 2908036
Content provided by Julius Baer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Julius Baer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Just weeks after hawkish Federal Reserve commentary dimmed December rate cut hopes, new dovish comments from New York Fed President John Williams have boosted rate cut odds back to 63%. With policymakers seemingly divided, a tied vote on the December 10 FOMC meeting – unprecedented in its history – remains possible.
Markets remain uneasy in the meantime, with concerns on high AI spending and a Bitcoin bear market weighing on sentiment. Technical signals add to the unease with the S&P 500 and tech sector indices showing signs of a “head and shoulders” pattern, a bearish sign. Additionally, a leaked draft of President Trump’s Ukraine peace plan indicates the unfreezing of some Russian financial assets confiscated by the west, potentially implicating gold demand.
This episode is presented by Mark Matthews, Head of Research Asia at Julius Baer.

  continue reading

392 episodes

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iconShare
 
Manage episode 520985524 series 2908036
Content provided by Julius Baer. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Julius Baer or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Just weeks after hawkish Federal Reserve commentary dimmed December rate cut hopes, new dovish comments from New York Fed President John Williams have boosted rate cut odds back to 63%. With policymakers seemingly divided, a tied vote on the December 10 FOMC meeting – unprecedented in its history – remains possible.
Markets remain uneasy in the meantime, with concerns on high AI spending and a Bitcoin bear market weighing on sentiment. Technical signals add to the unease with the S&P 500 and tech sector indices showing signs of a “head and shoulders” pattern, a bearish sign. Additionally, a leaked draft of President Trump’s Ukraine peace plan indicates the unfreezing of some Russian financial assets confiscated by the west, potentially implicating gold demand.
This episode is presented by Mark Matthews, Head of Research Asia at Julius Baer.

  continue reading

392 episodes

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