Market Watch

Episodes

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  Inflation, China, and Asia’s Market Risks 12.11.2026 12m

  Persistent US inflation is raising questions about the Federal Reserve's next interest rate decision, while China's export strength continues to mask weak domestic demand. Vishnu Varathan, Head of Economics and Strategy at Mizuho Bank, examines the Fed's policy outlook, the yuan's appreciation and China's economic prospects. We also discuss South Korea's improving labour market, concerns over Japanese government bonds and why central banks are increasingly turning to gold as a reserve asset.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Will They? Won't They? : Fed Hike Expectations Back On 11.11.2026 10m

  Hotter than expected US inflation for October has rattled Wall Street, with markets now pricing a 90% chance of a 25 basis point Fed hike in December, up from 70% before the data. The question is no longer whether the Fed moves, but how fast and how far it goes. Hebe Chan, Senior Market Analyst at Vantage Markets, joins us to assess what this means for the Fed's path into 2027 and whether the correction in AI stocks has run its course. She also weighs China's narrowing trade surplus, pressure on the Australian dollar and the outlook for gold around the 4,000 level.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Dan Ives: Nvidia Probe, US Midterms & the AI Reassessment 10.11.2026 13m

  A 4.3% overnight drop in Nvidia shares following reports of a probe into CEO Jensen Huang, coupled with political headwinds for US data centres after the Democratic midterm sweep, has sparked a sharp reassessment across the AI trade.Dan Ives, Senior Managing Director and Analyst at Yorkville Ives & Co, joins The Morning Run to break down what an unhedged leadership risk at Nvidia means for rival AMD, why he views this market moment as a 1997 buildout phase rather than a dot-com bubble, and when Big Tech capex is now expected to peak.He also explores the consolidation ahead for neo-clouds like Nebius and CoreWeave, and why Southeast Asian hubs stand to gain as global capital diversifies outside the US.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Market Turmoil: Correction or Something Worse? 06.11.2026 15m

  Wall Street has suffered a sharp selloff following the US midterm elections, with technology stocks leading losses as investors reassess the AI investment boom. Meanwhile, oil prices and Treasury yields have fallen sharply, raising questions about inflation, economic growth and the Federal Reserve's next move. Laurent Lequeu, Independent Market Analyst and writer of The Macro Butler newsletter, examines whether markets are signalling a deeper economic slowdown or a temporary correction. We also discuss the risk of stagflation, pressure on Asian semiconductor stocks and whether a weaker US dollar could benefit emerging markets.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Wall Street Cheers After The Midterm Election 05.11.2026 16m

  Democrats took both houses of Congress, and Wall Street cheered. The Dow jumped 3%, oil slid to around $95 and gold held above $4,000, as traders bet a divided government would be good for business. But not everything rallied: chip stocks have lost nearly a third of their value in five months, and gold is behaving more like a risk asset than a safe haven. Is the post-midterm bounce a buying opportunity or a warning sign? We speak to Tony Nash, Founder and CEO of Complete Intelligence.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Asian Markets: Correction or Deeper Trouble? 04.11.2026 18m

  Asian markets are facing renewed pressure as concerns over AI valuations, China's economic outlook and shifting interest rate expectations weigh on investor confidence. Carlos Casanova, Senior Economist at UBP, examines what the US midterm elections could mean for Asian investors, whether the technology selloff signals a deeper reassessment of AI investment, and why Chinese equities continue to struggle despite government intervention. We also explore the disconnect between Hong Kong's booming IPO market and weak stock performance, Indonesia's economic resilience amid market pressure, and the implications of diverging monetary policies in Australia and Japan.See omnystudio.com/listener for privacy information.
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  Apple's Q4 Beat & What US Midterms Mean for Markets 03.11.2026 9m

  Apple’s fiscal fourth-quarter revenue rose 12% to just under US$115 billion, narrowly topping Wall Street estimates even as sales in the key Chinese market fell short of projections. The tech giant's results land amid heightened scrutiny over hyperscaler AI spending, just as Americans head to the polls for pivotal US midterm elections that could reshape control of Congress.Joe Quinlan, Chief Market Strategist at Bank of America, joins The Morning Run to unpack Apple's performance and assess whether its measured AI strategy shields it from heavy industry spending pressures. He also explores what a divided Congress or potential blue wave would mean for the markets, alongside key indicators to watch in the upcoming US employment report.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Google Plunges, Microsoft Bucks Trend, Apple Hits $5T 02.11.2026 14m

  Markets weigh the price of the AI build-outWall Street's three main indices fell on Friday, with the Nasdaq posting its worst session since early June after Alphabet dropped roughly 12% on its earnings report as free cash flow turned negative. The plunge, paired with Meta's recent US$90 billion capital raise, has heightened investor unease over whether hyperscaler spending on AI can be sustained without straining corporate balance sheets.Kingsley Jones, Chief Investment Officer at Jevons Global, joins Market Watch on The Morning Run to unpack the diverging fortunes within the Magnificent 7, from Microsoft and Apple's balance sheet resilience to the pressures mounting on fellow tech titans.He examines what Apple’s new CEO John Ternus must demonstrate to justify its US$5 trillion valuation milestone, how investors should position their portfolios between equities and short-term Treasuries, and the macro implications behind the Reserve Bank of Australia's rate outlook and the Bank of Japan's hawkish pivot.Tune in for his take on where the risks and opportunities now sit.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  AI Spending, Oil Shocks and Market Risks 30.10.2026 13m

  Wall Street is becoming increasingly selective about AI investment, with Amazon's soaring cloud revenue overshadowed by mounting cash outflows, raising questions about whether technology giants can justify their enormous spending. Tim Mulholland, President of TJM Limited, examines how investors are assessing AI returns alongside resilient US growth, persistent inflation and the Federal Reserve's interest rate outlook. We also discuss oil prices above US$110, gold's resilience despite expectations of higher rates, growing concerns in the Treasury market and how the approaching US midterm elections could influence investment strategies in an already expensive market.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Hyperscaler Bonds: Opportunity or AI Risk? 29.10.2026 10m

  With the Federal Reserve holding interest rates steady at 3.75% to 4%, investors are reassessing opportunities in fixed income, particularly bonds issued by technology giants financing the AI boom. Patrick Chang, Chief Investment Officer, Group Consumer Bank, CIMB, discusses the bank's decision to upgrade its fixed income allocation from underweight to neutral and why hyperscaler bonds remain attractive despite mounting borrowing requirements. We examine whether widening credit spreads signal opportunity or growing financial risks, what could undermine the investment case, and where investors might find the best returns across the yield curve and broader bond market.Click here to find out more about CIMB Chief Investment Office.See omnystudio.com/listener for privacy information.
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  The Sustainability of AI-powered Gains 28.10.2026 13m

  World markets continue to make gains following Anthropic's IPO filing on Monday - helped also by lower crude oil prices on some positive signs coming from Iran's Supreme Leader. David Dietze, Chief Investment Strategist at Dietze Wealth Management Group, shares his view on how sustainable are these AI-led gains and risks we should be paying attention to.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Anthropic’s IPO Reignites the AI Debate 27.10.2026 11m

  Anthropic's IPO filing has revived enthusiasm for AI stocks, but its enormous losses and reliance on a handful of major customers are raising fresh questions about valuations and the sustainability of the investment boom. Meanwhile, Wall Street faces key US growth and inflation data as high borrowing costs weigh on housing, oil prices exceed US$110 and gold retreats despite geopolitical uncertainty. We examine whether corporate investment can sustain the US economy as consumers grow more cautious, and how the approaching midterm elections could reshape expectations for fiscal policy, government spending and financial markets.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  AI Jitters and Asia’s Market Sell-Off 26.10.2026 13m

  Wall Street faces another critical week as investors await earnings from Alphabet, Microsoft and Amazon alongside the Federal Reserve's interest rate decision. Concerns over AI spending are intensifying, with SoftBank's sharp valuation decline raising questions about whether the technology boom can justify its enormous costs. Meanwhile, China's stock market has entered bear territory, India continues to underperform and Indonesia faces capital outflows following an MSCI warning. We examine the Bank of Japan's policy outlook, the Singapore dollar's growing role in carry trades and whether Australia's inflation fight risks triggering a deeper economic slowdown.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  What Mag7 Earnings Tell Us About AI Monetisation 23.10.2026 12m

  Wall Street's tech-led sell-off deepened overnight, with the Nasdaq down 2.6% and the S&P 500 off 1.2%, even as the Dow stayed roughly flat. Adding to the unusual mix, spot Brent pushed above US$110 a barrel while the US 10-year Treasury yield fell around 17 basis points, a combination that doesn't fit the usual inflation playbook.Dilin Wu, Research Strategist at Pepperstone, unpacks what's driving the broad-based AI sector weakness and what this week's Magnificent Seven earnings, including Meta, Tesla, Netflix and SpaceX, signal about AI monetisation timelines ahead of Alphabet, Microsoft and Amazon's results.She also weighs oil-driven inflation and rate risks, China's 4.5% GDP print against weak domestic demand and property sentiment, and diverging policy paths at the Bank of Korea and Bank of Japan.Tune in for her take on where the risks are being underpriced.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  AI Spending, Oil Prices and Market Risks 22.10.2026 11m

  Wall Street is weighing whether the AI investment boom can deliver sustainable returns following a sell-off in technology stocks, with Meta's latest earnings and spending plans under scrutiny. Meanwhile, a possible Tesla-SpaceX merger raises questions about shareholder value, while electricity infrastructure delays threaten the profitability of AI data centres. We examine the Federal Reserve's next interest rate decision, the impact of oil prices around US$110 on corporate earnings, whether a weaker dollar could benefit Asian markets, and how the upcoming US midterm elections might reshape investor expectations.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Asia’s Central Banks Face Diverging Pressures 21.10.2026 12m

  China’s economy grew 4.5% in the third quarter, supported by strong exports, but weak domestic demand continues to raise questions about the sustainability of its recovery. Meanwhile, Australia’s cooling labour market is complicating the outlook for interest rates, Japan faces surging bond yields and a weakening yen, and Indonesia must balance currency pressures with concerns over its equity market. As economic conditions diverge across Asia, we examine whether central banks are heading in increasingly different directions and what that could mean for regional equities, bonds and currencies.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  AI Sell-Off Tests Wall Street’s Confidence 20.10.2026 10m

  Wall Street faces a crucial earnings week following a sharp sell-off in AI-linked stocks, with investors increasingly questioning whether enormous technology investments can deliver sustainable returns. Meanwhile, mounting concerns over debt-funded AI infrastructure, France’s fiscal troubles and weakening underlying US consumer spending are adding to market uncertainty.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  Tesla's Flying Car, Alphabet's AI Moat & US Banks Earnings 19.10.2026 13m

  Wall Street's first wave of Q3 bank earnings split the field, with Bank of America missing consensus by 17% and JPMorgan underperforming by 6%, even as Goldman Sachs posted a clean result that barely moved its stock. Meanwhile, the Australian dollar has slipped roughly 3% against the greenback over the past six months despite potential Reserve Bank of Australia rate hikes, while Indonesia's equity market lost US$65 billion in a single session following an MSCI index downgrade warning.Kingsley Jones, Chief Investment Officer at Jevons Global, analyses what early bank results and AI-driven debt issuance reveal ahead of earnings from Tesla and Alphabet. He unpacks the RBA's inflation-versus-growth dilemma, assesses whether Indonesia's sell-off presents a value opportunity, and breaks down China's latest growth figures alongside the broader outlook for global markets.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  AI Stocks Slide as Inflation Bites 16.10.2026 13m

  The AI trade is facing renewed scrutiny as semiconductor stocks come under pressure, even as TSMC reports record profits. Meanwhile, US inflation has climbed to 3.7%, driven largely by higher energy prices, while strong retail sales and surging producer prices raise questions about corporate profit margins. We speak to Tim Mulholland, President of TJM Limited, about the semiconductor sell-off, shifting demand for US Treasuries, mixed signals from Wall Street bank earnings and where investors should look for opportunities in an increasingly uncertain market.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.
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  How Bond Traders, Not Central Banks, Are Driving Rates 15.10.2026 11m

  Inflation Pressures Mount as Fed Decision LoomsU.S. September CPI showed renewed acceleration driven by energy prices, with further increases expected into year-end. Real wages are under pressure, with consumer-facing companies including Domino's Pizza and McDonald's already signalling stress. Laurent Lequeu, independent market analyst and writer for the Macro Butler newsletter, examines how rising inflation and a weakening employment market could push the U.S. towards stagflation, what the bond market's move at the longer end signals about structural inflation and fiscal credibility, and how the interest rate differential and capital flows are shaping the yen's outlook.He also explores China's widening trade imbalance and its reliance on exports over domestic consumption. Tune in for his read on where the Fed, Bank of Japan, and bond traders go from here.Image Credit: ShutterstockSee omnystudio.com/listener for privacy information.