Markets are on edge as Fed Governor Lisa Cook refuses to step down amid Trump’s push to replace her, sparking fears over central bank independence. US yield curve is steepening, the US dollar wavers while the S&P 500 prints record-high valuations despite stronger-than-expected quarterly results. Overseas, Japanese yields ease while inflation cools, giving the USDJPY room to clear 148 offers. In Europe, political uncertainty in France rattles the euro and CAC 40, while Denmark’s Ørsted plunges after US project delays highlight the risks for renewable energy under Trump. Safe havens like gold rebound and US crude tests $65pb offers amid stalled Ukraine talks.

Listen to find out more!

Federal Reserve (Fed) Chair Jerome Powell’s Jackson Hole speech was surprisingly dovish. Investors lapped up his words, betting that the first Fed rate cut since last September is now only weeks away. Markets cheered: the S&P 500 brushed against record highs, small caps soared, and Asian equities followed suit. Chinese chipmakers rocketed on expectations of more stimulus and a bold pivot away from Nvidia. Meanwhile, Nvidia itself takes center stage this week with Q2 earnings that could make or break tech sentiment.

The big question is whether US GDP and PCE data will derail the Fed’s dovish tilt—or confirm a further rate relief.

Listen to find out more!

Markets are on edge ahead of Powell’s Jackson Hole speech. After a string of weak job reports and sticky inflation signals, investors are questioning whether the Fed is still on track for a September rate cut. Market-implied odds of a 25bp move have already slipped from near certainty last week to around 75% today.

Jackson Hole has a history of delivering major policy surprises — from Bernanke’s QE hints to Powell’s 2020 framework shift. Could this be the moment the Fed resets expectations again?

Powell will tell.

Listen to find out more!

00:23 Disclaimer

00:27 Preview

00:42 Bitcoin

04:12 Ethereum

06:34 Solana

07:32 Subscribe & Good bye

crypto #cryptonews #cryptotrading #swissquote

Learn more about our employees: https://swq.ch/d5

LinkedIn: https://swq.ch/cH

Yesterday’s FOMC minutes spooked investors, accelerating the tech-led selloff. Officials remain worried about inflation, signaling they’d act before cutting rates, though the meeting occurred before the weak July jobs data hit. Powell’s speech tomorrow is expected to strike a balance—acknowledging labor market worries but keeping inflation top of mind. The US 2-30 year spread is widening on rate-cut concerns and rising debt costs.

Big Tech continues to weigh on equities, though TSMC futures are up 1.3% and Nvidia rebounded after dipping below $170, hinting at a potential cooling of the tech selloff. Globally, Japan’s 30-year JGB yield is testing multi-decade highs, raising the risk of reverse carry trades. PMI data show mixed signals: strong growth in India, contraction in Japan, and will probably confirm slow European activity pickup. Markets are eyeing Jackson Hole for Powell’s guidance, while oil waits for details over Ukraine.

Listen to find out more!

The AI trade may hit a reality check. Nasdaq tumbled as Big Tech names sold off sharply — Palantir plunged nearly 10%, Nvidia slid more than 3%, and other AI-linked stocks from Arm to AMD lost ground following a blunt MIT report showing 95% of companies investing in generative AI are yet to see returns, combined with OpenAI’s Sam Altman warning that valuations have become “insane.”

Intel was the surprise winner, boosted by SoftBank’s $2bn stake announcement after weeks of political drama and government intervention. But even that comes with risks, as questions swirl over whether AI investment is a boom… or a bubble about to burst.

Meanwhile, investors are piling into “disaster puts,” sending put skew to a 3-year high, just as Jerome Powell heads to Jackson Hole. Will the Fed soothe markets, or spark a deeper selloff?

Listen to find out more!

Markets are caught between peace hopes and policy uncertainty. Zelensky’s smooth reception in Washington raised optimism for a lasting truce, putting pressure on oil prices, while fresh attacks reminded traders that risks remain. Crude slipped back below $63pb, but optimism is already priced in.

In individual news, Intel made headlines, tumbling after reports that Washington could take a 10% stake via Chips Act subsidies — a move that could reshape the balance between politics and profit. Meanwhile, European stocks waver, US futures look soft, and yields edge higher into big US retailer earnings, FOMC minutes and Powell’s Jackson Hole address.

Will Powell acknowledge weakening jobs data, or double down on inflation risks? With the Fed’s next move hanging in the balance, and valuations stretched to historic highs, markets may need a fresh catalyst.

Listen to find out more!

Markets are opening the week with hope over fears. Trump’s meeting with Putin brought no new sanctions or tensions, keeping crude under pressure — but the real spotlight is on today’s summit with Zelenskyy and key European allies as Trump will relay Moscow’s demands to end the war. Will progress be made, or will disappointment bring oil bulls back? This morning, US crude rebounds from an early dip. Equities are firm, the US dollar softer, and gold in demand as investors hedge the risks. Next hours will be important for sentiment and direction.

Besides Trump, eyes will turn to Powell’s speech at Jackson Hole later this week. The questions is: will geopolitics and central banks keep markets steady — or is volatility about to return?

Listen to find out more!

00:23 Disclaimer

00:28 Preview

00:40 Bitcoin

02:45 Ethereum

06:34 Solana

07:08 Subscribe & Good bye

crypto #cryptonews #cryptotrading #swissquote

Learn more about our employees: https://swq.ch/d5

LinkedIn: https://swq.ch/cH