Markets are being pulled in opposite directions as oil and technology drive increasingly volatile price action. Crude prices continue to react sharply to every Middle East headline, while technology stocks swing between AI optimism and mounting concerns over massive spending. Strong CoreWeave results helped lift the Korean Kospi nearly 4%, but European markets remain under pressure from higher energy prices.
Meanwhile, all eyes are on US CPI. Softer July inflation could trigger a relief rally across bonds and equities, but today’s data won’t capture the renewed surge in oil prices or mounting chipflation pressures. Add rising US yields, a weaker Japanese yen and the risk of Japanese Treasury sales, and the Fed’s policy dilemma becomes even more complicated.
Watch the full episode to find out more!
Intro0:51 Market update
1:28 Oil update
4:47 What US CPI won’t tell
7:04 European markets at a sweet spot?
