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The markets are dancing to a wild tune this week. The S&P 500 wobbled after mixed US data. Energy swings continue, fueled by headlines about Venezuela’s oil and other happenings on the geopolitical scene. Also, the White House is stepping into corporate affairs in ways that make investors squirm — from Nvidia’s China sales to defence dividends. Elsewhere, tensions rise as China restricts exports to Japan, hitting semiconductors and rare-earth materials, while gold quietly ticks higher as uncertainty grows. Turkey, for example, is putting a tracking system on every piece and bar of gold sold in the country to trace...

Many global indices are all pushing fresh peaks despite trade tensions, geopolitical headlines and lingering doubts over AI valuations, but leadership is shifting: metals are surging while tech shows early signs of fatigue. Silver is swinging around $80 as China clamps down on exports, tightening global supply, while copper hits record highs on tariff-driven flows and strong underlying demand. The softer US dollar is providing extra fuel for the rally, rotation trades pick up. Investors are navigating a landscape where macro support is strong — rate cuts loom, inflation is easing in key regions and geopolitical shocks are creating selective...

Venezuela news are rattling markets in more ways than one. Crude oil started the week hesitating in Asia, only to rally in Europe and the US as traders priced in the potential for American oil majors to step in. Energy stocks surged, defence shares are climbing amid rising geopolitical risks, and rare earth metals are benefiting as China watches the situation closely.
On the data front, the soft US data keeps US yields in check and pressures the dollar lower, while in technology, AI stocks start the year on a strong footage and Nvidia is concretely expanding its technology to...

In this episode of UNLOCKED, we spoke with Thomas Kovacs, also known as Sparkojote, about the journey that took him from his first investment decisions to building a professional career as a financial content creator.

🎙️ We explored what drives his work, how platforms like YouTube and social media are reshaping access to financial knowledge, and why an increasing number of people are turning to creators to better understand investing.

📊 Thomas also reflected on his vision of financial independence, the misconceptions often surrounding FIRE, and the principles that guide his own relationship with money.

➡️ Discover Swissquote’s webinars and...

The US swooped into Venezuela over the weekend and took Maduro out, but markets barely flinched. Oil prices jumped briefly before giving most gains back, while safe-havens like gold and silver are on a positive ride. The US 10-year bond is steady, risk assets barely react, and Bitcoin is in the spotlight with reports of a mysterious “shadow reserve”.
So, what does this all mean for markets? Despite Venezuela’s massive oil reserves, production remains tiny, sanctions are in place, and the global oil market is well supplied. Any potential supply shock is unlikely to change the broader trend. Meanwhile, tech...

Welcome to the final Market Talk episode of 2025! Let’s look ahead to 2026, exploring how the global markets may look like in 2026 – from equities, central bank policies, to FX, metals and Bitcoin, what to expect from the coming year?

Listen to find out more!

Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market...

2025 has been one hell of a year. And now, as we approach the finish line, it’s time to look back at the best, the worst — and the truly unforgettable moments that shaped markets, politics and global sentiment.
So grab a hot chocolate, a mulled wine, or whatever keeps you warm — because we’re about to unwrap the Unforgettable Moments of 2025. ☕🍷

Listen to find out more!

Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to...

The year is almost over, yet the markets keep delivering surprises. US Q3 GDP came in at 4.3%, the fastest growth in two years, fueled by AI investments, strong corporate profits, and resilient consumer spending. Price pressures rose too, with PCE at 2.8%, but happily less than expected, keeping the Fed hawks in check.
Equities rallied on the back of earnings and spending, though the move was narrow and mostly benefited Big Tech. The US dollar eased, sending gold, silver, and copper to fresh all-time highs — another strong year for the metals, thanks to scarce supply, rising demand, and...

Markets are entering the final stretch of the year with investors closely watching the US for guidance. European equities remain subdued, with trade tensions and slowing growth weighing on sentiment, while rotation into cyclical sectors continues cautiously. All eyes are now on key US data: Q3 GDP revisions and PCE inflation — the Fed’s preferred gauge. Stronger-than-expected growth or rising price pressures could shake up market expectations and trigger a dollar rebound, while weaker numbers would keep the Fed on a dovish path. Positioning in stocks, FX, and bonds is increasingly delicate, making even small surprises impactful. As year-end approaches,...

Friday’s tech rally brought much-needed relief to markets, sparked by one headline: Oracle will host TikTok’s US user data, opening a potential new cloud revenue stream and giving it a roughly 15% stake in the newly structured U.S. TikTok business. Oracle shares surged over 6%, while Nvidia and the Nasdaq also climbed as investors bet on the value of data centers and massive computing power.
Meanwhile, in China, Moore Threads announced new AI chips claiming to rival Nvidia’s H200 and narrow the gap with the next-gen Blackwell series.
Tech stocks are up, but with year-end liquidity thinning, investors are watching...