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US interest rates are moving higher, so are China stocks this week
US market sentiment was subdued following the big Fed-day on Wednesday, while the Bank of England delivered its largest rate hike in 33 years. China shares are on course for their best week since 2015 on continued speculation that the nation will start relaxing its zero-Covid policy. Tim Gagie, Head of FX&PM Solutions Geneva, takes a closer look at what drives currency markets this week with a special focus on today’s employment report. Carsten Menke, Head of Next Generation Research, compares bitcoin (miners) with gold (miners) and shows the differences, but also highlights similarities. 00:09 Introduction and markets wrap-up by Mike Rauber (Investment Writing)04:33 FX update by Timothy Gagie (Head FX&PM Solutions Geneva)07:28 Digital asset update by Carsten Menke (Head of Next Generation Research)10:18 Closing remarks by Mike Rauber (Investment Writing)