Gold, oil extend gains on Qatari attack, US data in focus | MarketTalk: What’s up today? |Swissquote
About this video
US jobs are worse than they seem, and the Federal Reserve (Fed) may have already fallen behind the curve. But will this trigger bigger or faster rate cuts? It depends on inflation. US August PPI is out today, and tomorrow we get CPI – the numbers will set the tone for US rates, the dollar and equities.
Elsewhere, tech stocks are in focus with Apple slipping post-iPhone reveal and Nebius jumping 50% on a $17.4B Microsoft AI deal. CoreWeave, Nvidia, Broadcom and Oracle also see big moves. Meanwhile, French markets shrug off another PM change, but bond spreads and Fitch’s upcoming review keep traders alert.
Gold, oil and commodities ride political uncertainties and geopolitical tension. Real assets are in demand while sovereign debt wobbles. FTSE 100 benefits from rising energy and commodity demand.
Watch the full episode to find out more!
0:00 Intro
0:49 Big job revisions mean that the Fed could be behind the curve...
3:06 But inflation numbers will tell how fast they can adjust rates
5:27 Equities remain supported by AI, tech demand
7:05 Inside Europe
9:03 Gold, oil jump on Israeli attack on Qatar
9:31 FTSE 100 surfs on strong energy, miner demand
Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020.
#USJobs #PayrollRevision #Fed #InterestRates #Inflation #PPI #CPI #USMarkets #TechStocks #AIStocks #Nebius #CoreWeave #Nvidia #Oracle #Apple #FrenchMarkets #FitchRatings #Commodities #Gold #Oil #Investing #MarketUpdate
#Swissquote #MarketTalk
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