Key Takeaways AI-driven equities face their biggest setback in months. A sharp selloff in semiconductor and technology stocks, triggered by valuation concerns and disappointing guidance from key AI-related companies, has halted the nine-week Wall Street rally and raised questions about the sustainability of the AI super cycle. Middle East tensions have reignited energy market risks. […]
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Markets Since the conflict in the Middle East, eco data were almost ‘by definition’ considered outdated as markets try to assess the impact of higher energy prices and other supply disruptions as the conflict developed. Read more…
In focus today In the euro area, the June Sentix investor confidence index is released today. Markets look for an improvement to -14.6 (May: -16.4), extending last month’s positive momentum, although sentiment remains pessimistic amid Read more…
Three major events dominate the week ahead, but they all revolve around a single question: how much of the recent oil shock will ultimately feed into inflation and alter the policy outlook? Last week’s stronger-than-expected Read more…