# Markets under pressure: gold, sterling and the search for safety

Page: https://stenobird.com/podcast/moving-markets-5478198/markets-under-pressure-gold-sterling-and-the-search-for-safety
Text version: https://stenobird.com/podcast/moving-markets-5478198/markets-under-pressure-gold-sterling-and-the-search-for-safety.md
Podcast: [Moving Markets](https://stenobird.com/podcast/moving-markets-5478198)
Published: 2026-07-17T06:51:25+00:00
Episode link: https://share.transistor.fm/s/0b9ddd54
Audio file: https://media.transistor.fm/0b9ddd54/0a620d48.mp3
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JSON: https://stenobird.com/v1/public/podcasts/moving-markets-5478198/episodes/markets-under-pressure-gold-sterling-and-the-search-for-safety
Duration seconds: 711

## Resource

Equity markets weakened as continued losses in semiconductor stocks and ongoing tensions in the Middle East weighed on risk sentiment, pushing major indices firmly into negative territory. At the same time, recent economic data highlighted the resilience of the US economy, adding another layer of complexity to the market outlook. Meanwhile, Netflix shares came under pressure in after-hours trading after the company forecast slower revenue growth. In today’s episode, Tim Gagie, Head of FX Advisory in Geneva, joins us to discuss the latest moves in gold and the British pound, what's driving these markets, and the key levels investors should keep on their radar. (00:00) - Introduction: Helen Freer, Product & Investment Content (00:25) - Markets wrap-up: Roman Canziani, Head of Product & Investment Content (06:17) - FX & metals update: Tim Gagie, Head of FX/PM PB Geneva (10:55) - 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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