In this week’s edition of Market Pulse, we take a global look at how central banks are navigating inflation that won’t quit, what that’s doing to markets (equities, bonds, FX), the latest corporate earnings surprises and a shift in the structural story around global trade and supply chains. We’ll wrap with three things to watch next week, a contrarian angle you might not have heard, and a practical takeaway for investors, business leaders and students alike.

A Fed rate cut sends markets higher. But central bankers insist this is not a pivot. Big Tech posts blowout numbers. China gets a diplomatic reprieve. And emerging markets send an early warning. Market Pulse for Friday 31 October.

In this week’s episode of Market Pulse, we cover how central banks are hinting at rate cuts even as earnings beat expectations. We look at how inflation, growth and credit risks are playing out across the US, Europe and China — and why emerging markets may be entering a more treacherous phase. I bring you the key numbers, the strategic take-aways and what investors should be watching next.