Gold and silver steadied, after suffering their steepest selloffs in years on Tuesday as concern their dizzying rallies in recent weeks had left them overvalued. Spot gold traded near $4,140 an ounce after tumbling in the previous session, the biggest intraday drop in more than a dozen years.
The US government shutdown has become the second-longest in history as the stalemate between the two parties over expiring health-care subsidies persists. Senate Democratic leaders have asked to meet with President Donald Trump before his Asia trip, but Trump said he would only talk to them after the shutdown ends.
The Opening Trade has everything you need to know as markets open across Europe. With analysis you won’t find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.
Chapters:
00:00:00 – The Opening Trade
00:02:11 – UK Inflation Rises
00:03:45 – Barclays Earnings
00:05:33 – UniCredit Earnings Beat
00:08:18 – Gold Price Bubble
00:10:57 – Tesla, IBM Earnings
00:12:23 – Hermes Stock
00:14:34 – Barclays CEO on Loan Book After Getting Stung by Tricolor
00:25:01 – Akzo Nobel CEO
00:33:55 – Texas Instruments Disappointing Forecast
00:34:24 – Gold Worst Session in 5 Years
00:35:44 – BOE’s Andrew Bailey ‘Alarm Bells’
00:37:32 – Anthropic, Google Cloud Deal
00:47:23 – Stocks to Watch: Banks, Luxury, Adidas
01:01:21 – Defense Stocks Up After Trump-Putin Meeting Doubts
01:08:11 – Hermes Sales Rise
01:09:25 – L’Oreal Stock
01:13:08 – Europe’s 12-Point Proposal to End War in Ukraine
01:23:50 – Silver, Gold Rally Risks
01:28:53 – OpenAI ChatGPT Atlas Web Browser
01:32:58 – Netflix Stock
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