The US President's Bluff?

Markets Overview

Global markets danced to the tunes of the United States President, who announced that the major deal is no more, causing crude oil prices to suddenly spike up and equity markets to crack very hard.

In Asia, equity markets were already falling sharply on the back of a correction in semiconductor and artificial intelligence stocks, and this sudden geopolitical development certainly did not help. However, the next couple of days softened the stand, and it now seems that deal-making is back on track.

Latest Daily Byte

Small-cap stocks are performing reasonably well and are currently positioned just a percent and a half away from new all-time highs. The broader market appears to be calling the bluff of the U.S. president, whose actions may shock the market one day, only for the markets to bounce back over the next two days.

Global Market Insights

We're excited to share insights and outlook on global markets. Subscribe to The Big Stories newsletter and stay updated on the latest developments.

You May Also Like

Rebalance Update for the week