Inflation spoils the mood

Higher-than-expected producer prices spooked investors yesterday, sending Treasury yields and the US dollar higher and equity markets lower. In Asia, the People’s Bank of China kept its one-year medium term lending facility rate unchanged and investors are now focusing on Japan’s interest rate decision next week. Bitcoin saw a pullback, while oil climbed to a fresh 2024 high after the International Energy Agency warned of a supply deficit throughout this year. Tim Gagie, Head of FX & PM Solutions Geneva, joins today’s show to share his insights on the FX markets.00:00 Introduction by Helen Freer (Investment Writing)00:25 Markets wrap-up by Lucija Caculovic (Investment Writing)06:16 Currencies and metals by Tim Gagie (Head of FX & PM Solutions Geneva)10:23 Closing remarks by Helen Freer (Investment Writing)Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.