# Markets on edge: rising oil, higher yields and the AI spending debate

Page: https://stenobird.com/podcast/moving-markets-5478198/markets-on-edge-rising-oil-higher-yields-and-the-ai-spending-debate
Text version: https://stenobird.com/podcast/moving-markets-5478198/markets-on-edge-rising-oil-higher-yields-and-the-ai-spending-debate.md
Podcast: [Moving Markets](https://stenobird.com/podcast/moving-markets-5478198)
Published: 2026-07-24T06:42:57+00:00
Episode link: https://share.transistor.fm/s/f7a75eb5
Audio file: https://media.transistor.fm/f7a75eb5/c68f7e3f.mp3
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JSON: https://stenobird.com/v1/public/podcasts/moving-markets-5478198/episodes/markets-on-edge-rising-oil-higher-yields-and-the-ai-spending-debate
Duration seconds: 759

## Resource

Global equities traded lower as oil prices surged in response to escalating tensions in the Middle East, while renewed concerns over AI-related capital expenditure weighed on investor sentiment. Although the European Central Bank left interest rates unchanged, expectations of further policy tightening later this year have strengthened, pushing bond yields higher across major markets. In today's episode, Tim Gagie, Head of FX Advisory in Geneva, shares his insights on the latest developments in foreign exchange and metals markets, and what they could mean for investors. (00:00) - Introduction: Helen Freer, Product & Investment Content (00:27) - Markets wrap-up: Roman Canziani, Head of Product & Investment Content (06:30) - FX & metals update: Tim Gagie, Head of FX / Portfolio Management, Private Banking Geneva (11:44) - Closing remarks: Helen Freer, Product & Investment Content Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or wherever you get your podcasts.

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## Transcript

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