Gloom never look so good! | MarketTalk: What’s up today? | Swissquote
About this video
Gloom never looked so good for markets! While the US government remains shut, investors are cheering weak jobs data and dovish Fed expectations. ADP numbers showed a surprising loss of 32,000 jobs in September, signaling a cooling labor market — yet equities hit fresh highs. Big Tech continues to lead the charge, fueled by AI excitement and new product launches.
Asian tech follows the rally, with Alibaba jumping after analysts raised price targets — a 50% discount from 2021 makes it tempting despite short-term overbought signals. Meanwhile, the dollar is under pressure, EURUSD eyes 1.18–1.20, and sterling braces for the UK Autumn Budget. Safe havens like yen, gold, and the Swiss franc are in focus, with the SNB intervening to limit franc gains.
Markets are thriving on gloom — from Fed bets to AI optimism, the paradox has never been clearer.
Watch the full episode to find out more!
0:00 Intro
0:41 Weak US jobs data fuels rally along with AI appetite
5:21 US dollar remains under pressure as majors gain on US drama
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.
#Markets #USJobs #Fed #BigTech #AI #Alibaba #Forex #USD #EURUSD #Investing #Finance #Gold #SafeHaven
#Swissquote #MarketTalk
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