Moving Markets

The View Beyond: China's post-Golden Week reality check

China's Golden Week is often viewed as a pulse check on the health of the world's second-largest economy. This year, the results have reignited debate over consumer confi

Equities up, bond prices up, Fed hike expectations down

European markets closed in positive territory on Thursday as investors rotated out of AI and tech stocks into defensive sectors such as healthcare and materials, as well

Hot US inflation, AI under pressure and iron ore's price divide

Markets were driven by three themes yesterday: hotter US inflation, rising expectations of Fed rate hikes, and a growing AI sell-off. These forces weighed on equities, ev

Fed hopes, AI fears, and banks that fail to impress

Fed comments eased fears of prolonged policy tightening, helping equities recover from an uncertain start. Beneath the surface, however, AI-related stocks remained under

Geopolitics drive markets while AI faces new challenges

Geopolitical developments remained firmly in focus on Monday, lifting oil prices and supporting energy stocks, while technology shares came under pressure. At the same ti

SpaceX shocks telecoms, oil defies geopolitics, and earnings season begins

Markets rebounded on Friday as OpenAI's revenue outlook and Trump's ‘energy ceasefire’ with Russia eased supply concerns, weighing on oil despite geopolitical risks. Spac

The View Beyond: AI: Money for nothing?

Hyperscaler investment in AI infrastructure has reached unprecedented levels, with capital expenditure figures now dwarfing even those of the global oil and gas industry.

Markets shake off OpenAI fears and bond bulls return to the table

Markets stumbled after a newspaper report suggested that OpenAI's annualised revenues could fall well short of previous expectations. Overnight, however, sentiment improv

Bond markets, the oil puzzle and electric vehicles

Markets are being driven by developments in bond markets on both sides of the Atlantic. In Europe, concerns over French public finances weigh on sentiment, while in the U

S&P 500 at record high as earnings loom and French risks persist

The S&P 500 and Nasdaq closed at record highs in a broad-based rally, while lower bond yields and oil prices supported European equities. Overnight, renewed Middle East t

Markets rally, France stumbles and the obesity revolution accelerates

Equity markets started the week on a strong note, with both European and US stock indices posting solid gains. France proved the notable exception, however, as French equ

Weak payrolls lift stocks, but yields stay elevated

Equity markets rallied on Friday after a surprisingly weak US jobs report fuelled hopes that the Federal Reserve may remain on hold for longer. However, enthusiasm was te

The View Beyond: Higher yields, risk or opportunity?

With the US 10-year treasury yield recently crossing the 5% threshold and the Federal Reserve maintaining a hawkish stance, bond investors are facing heightened volatilit

Yields surge, oil rallies, and all eyes turn to payrolls

Markets endured a turbulent start to the fourth quarter as a global bond sell-off pushed US Treasury yields to their highest level since 2002 and intensified concerns ove

Sticky inflation meets resilient markets

European inflation surprised to the upside, driven by energy prices, while softer US inflation data offered some reassurance for markets. However, the bond market stress

Fed's Williams tempers October hike fears

Whilst the 30-year US Treasury bond yield rose for a sixth consecutive session, traders were calmed somewhat by comments from New York Federal Reserve President John Will

Yields up, AI accelerates, cities adapt

Rising oil prices and higher bond yields are keeping inflation concerns front and centre, pushing US Treasury yields to their highest level since 2007. The AI investment

Oil rallies, bonds struggle and equities hold their ground

Global bond yields moved higher once again as oil prices rallied following President Trump’s rejection of Iran’s ceasefire proposal. Meanwhile, Chinese equities fell to t

The View Beyond: Can Trump-Xi talks shift market sentiment?

US-China relations are back in the spotlight, with investors watching whether talks between Presidents Trump and Xi can deliver meaningful progress and shift market senti

Dollar strength, gold’s next move and painfully high yields

Rising government bond yields remain at the centre of investors' attention as expectations for further rate hikes in the US and Europe continue to build. Combined with a