The RBA has fired the first hawkish shot, raising rates 25bp as inflation pressures rise — and oil is keeping markets on edge. WTI is above $95pb, Brent flirting with $100pb, amid tanker flows in the Strait of Hormuz and ongoing geopolitical uncertainty. But upside pressures persist.
The Federal Reserve kicks off its two-day policy meeting today, while other major central banks are due to announce their verdict throughout the week, with markets already pricing in hawkish expectations. The market reaction will depend on how much of the hawkishness is already priced in.
Meanwhile, at Nvidia’s GTC conference, CEO Jensen Huang predicts $1 trillion in AI chip revenue through 2027 and a shift toward agentic AI, and says Saas will become Aas – agentic AI as a service.
Watch the full episode to find out more!
Intro0:58 Middle East latest
4:11 Central banks turn hawkish
6:56 Nvidia says $1 trillion sales through 2027!
