Geneva trading role grows
Expat Financial & Investment News Update
Robert Harris, of Forth Capital, says that continuing good corporate results in the US from companies such as McDonald’s are keeping the markets happy, pushing the S&P 500 index to record levels. Harris also talks about how Geneva is challenging London as a centre for commodity trading due to its more attractive tax and regulatory regimes. One of the commodities traded in the Swiss city is wheat, which surged 82% in the past year as a result of lower harvests and higher demand.