SPX500 to new records on AI and Middle East optimism
The index powers ahead as the AI tailwind persists after AMD's earnings, while hopes for a US-Iran deal rise after President Trump touted progress on negotiations.
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The index powers ahead as the AI tailwind persists after AMD's earnings, while hopes for a US-Iran deal rise after President Trump touted progress on negotiations.
The pair posts a steep decline today, raising fresh intervention speculation after last week's reported action, but that may not be enough to provide lasting support for the yen.
The Australian central bank raised rates again to contain rising inflation driven by the energy shock from the Middle East conflict, but its tightening runway is getting shorter.
President Trump said he will raise tariffs on EU auto imports to 25%, exacerbating a tough external environment already strained by the Middle East conflict and mounting competition from Chinese rivals.
USOIL softens as the US aims to free ships stranded in the region, but the blockade remains in place while uncertainty around a resolution to the conflict lingers.
Alphabet's blowout earnings show its massive AI investments are paying off, driving financial growth and cloud demand, but challenges still loom.
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Oil, the USDOLLAR, gold, and the UK100 are all at key turning points, with geopolitical tension and oil-driven inflation set to dictate the next major market moves.
The pair drops on the lack of upside surprises in the data, but intensifying price pressures support the case for another RBA hike and the pair's bullish bias.
The Bank of Japan held rates in a divided decision and raised its inflation forecasts, pushing the pair lower, but the upside bias remains intact.
SPX500 is riding fresh AI euphoria following Intel’s results, but the its next leg depends on this week’s Big Tech earnings - set against a daunting macroeconomic backdrop.
Intel delivered strong earnings and guidance thanks to AI demand and strategic partnerships, showing turnaround momentum, but pitfalls still loom.
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