A rather unexpected market rally

Following the higher-than-expected US inflation figures, US stocks initially plunged but then rallied, which improved the overall risk appetite and boosted other equity markets around the world. Now investors are turning their attention to the earnings season with the big US banks being the first to report their Q3 results today. David Kohl, our Chief Economist, shares his take on the US inflation data, and Tim Gagie, Head of FX & PM Solutions in Geneva, takes a closer look at currencies and metals. 00:09 Introduction and markets wrap-up by Lucija Caculovic (Investment Writing) 03:46 US inflation and impact on the Fed’s tightening path by David Kohl (Chief Economist) 08:12 FX and metals update by Tim Gagie (Head of FX&PM Solutions Geneva) 11:01 Closing remarks by Lucija Caculovic (Investment Writing)