Fed sparks equity rally but big tech stumbles
Update: 2025-12-12
Description
Equities rallied broadly following the Federal Reserve’s post-rate-cut communication, though big tech underperformed amid concerns over valuations and leverage. At the same time, precious and industrial metals regained investor attention as the US dollar weakened and expectations for Chinese stimulus grew. Today, we’re joined by Tim Gagie, Head of FX Advisory in Geneva, who shares his insights on the recent dynamics in currency and metal markets.
- (00:00 ) - Introduction: Helen Freer, Product & Investment Content
- (00:28 ) - Markets wrap-up: Roman Canziani, Head of Product & Investment Content
- (06:08 ) - FX and metals update: Tim Gagie, Head of FX/PM PB Geneva
- (10:41 ) - Closing remarks: Helen Freer, Product & Investment Content
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