Episode Details

US equity futures are modestly lower, while Asian equity markets are mixed and European equities are higher. Risk sentiment remains supported by the post-election rally and growing expectations of progress toward a US-Iran agreement, with oil falling to its lowest level since late August and bond yields moving lower. However, the AI trade remains volatile amid concerns that greater scrutiny of data-center development could constrain investment. Central bank policy is also in focus, with the Bank of England expected to raise rates by 25 basis points and Norges Bank expected to remain on hold, while markets continue to assess the potential for further tightening from the ECB.

Companies mentioned: SpaceX, Microsoft, SoftBank, ABB Limited