Both European and US stock market indices rally to new all-time highs as the two most important central bankers hint at interest rate cuts as early as this summer. In currencies, the Japanese yen is higher again this morning, trading at multi-month highs against the US dollar. And Carsten Menke, our Head of Next Generation Research, shares his thoughts on why he thinks gold's rally has no legs. 00:00 Introduction by Helen Freer (Investment Writing) 00:24 Markets wrap-up by Roman Canziani (Head of Investment Writing) 07:13 Gold by Carsten Menke (Head of Next Generation Research) 10:36 Closing remarks by Helen Freer (Investment Writing) Would you like to support this show? Please leave us a review and star rating on Apple Podcasts, Spotify or your favourite podcast player.