Markets had a bumpy week amid competitive shifts in the artificial intelligence sector. But that is not necessarily a bad thing, says the Private Bank’s Global Chief Investment Officer, Christian Nolting. "If we find more efficient solutions, that's better from a productivity growth perspective," Christian says, "but of course, when it starts, it causes volatility in some sectors."

The Bank of England could deliver a rate cut in the week ahead. U.S. non-farm payrolls and eurozone inflation figures are also among the critical reports to watch.

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