All eyes on the Fed, and the dot plot!

Show notes

US markets keep breaking records as the Federal Reserve’s (Fed) next move takes center stage. Will Powell stick to the dovish script, or surprise with a tougher stance? Futures are already pricing multiple rate cuts this year, all eyes are on the dot plot!
Across the Atlantic, the Stoxx 600 fell yesterday on bank and insurer weakness, while sterling is supported by mixed jobs and inflation data that suggest that the Bank of England (BoE) will likely stay cautious this week, as the ECB signals it may be done cutting for now—paving the way for the EURUSD to push toward 1.20.
Meanwhile, Asia’s tech rally accelerates: Baidu soars on an AI deal, Alibaba and SMIC follow, and the Hang Seng hits a 4-year high. Nasdaq’s Golden Dragon trades at half the P/E of the Mag 7, raising the question—are Chinese tech stocks too cheap to ignore?
Listen to find out more!