17:I[66739,["/_next/static/chunks/0.3dg.jzl0xwf.js?dpl=dpl_3RxvMhdoqChZq1Vee41wPR23ae8V","/_next/static/chunks/0skdv12y78fnh.js?dpl=dpl_3RxvMhdoqChZq1Vee41wPR23ae8V","/_next/static/chunks/10dnvbzcepzg2.js?dpl=dpl_3RxvMhdoqChZq1Vee41wPR23ae8V","/_next/static/chunks/0w-9dtq49e_fk.js?dpl=dpl_3RxvMhdoqChZq1Vee41wPR23ae8V","/_next/static/chunks/1331nw5i_3lcb.js?dpl=dpl_3RxvMhdoqChZq1Vee41wPR23ae8V","/_next/static/chunks/053zyoym-_i67.js?dpl=dpl_3RxvMhdoqChZq1Vee41wPR23ae8V"],"default"] 19:I[38632,["/_next/static/chunks/0qqtp3r0h7kah.js?dpl=dpl_3RxvMhdoqChZq1Vee41wPR23ae8V","/_next/static/chunks/0iukvycbd42rl.js?dpl=dpl_3RxvMhdoqChZq1Vee41wPR23ae8V"],"IconMark"] 18:T491,

Markets were mixed yesterday, with European shares dragged down by weak results from Adyen, Magnum and Mercedes-Benz, despite solid updates from Siemens and Hermès. Schroders jumped on a takeover approach from Nuveen. In the US, deepening concerns over AI‑driven disruption hit tech stocks hard, pushing the ‘Magnificent Seven’ lower and marking Apple’s worst day since Liberation Day. Gold and silver slipped on stronger US labour data, oil fell on rising supply signals, and US housing data highlighted growing structural weakness. We’re joined by Tim Gagie, Head of FX Advisory in Geneva, for the latest on metals and currencies ahead of key US inflation data.

(00:00) - Introduction: Helen Freer, Product & Investment Content
(00:31) - Markets wrap-up: Lucija Caculovic, Product & Investment Content
(06:45) - FX & metals update: Tim Gagie, Head of FX/PM PB Geneva
(10:59) - Closing remarks: Helen Freer, Product & Investment Content

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Rising AI worries drag on market momentum

Moving Markets

Rising AI worries drag on market momentum