The Intelligence Layer Beyond Your Own Book

Global equities rebounded as risk appetite stabilised following last week’s technology sell-off, while falling oil prices provided further support. Attention now turns to Tuesday’s US midterm elections, followed by the Bank of England’s rate decision and Friday’s nonfarm payrolls report.

Technology shares extended their decline as Amazon and Intel revived concerns over heavy AI spending, driving investors towards safe-haven assets. Treasuries and the Swiss franc gained, while Brent crude rose to $116 amid renewed concerns over potential US strikes against Iran.

Technology stocks fell after disappointing results from Alphabet and Samsung revived concerns over returns from heavy AI investment. Meanwhile, markets assessed the Fed’s decision to hold rates and renewed diplomatic efforts in the Middle East ahead of key ECB and Bank of Japan decisions.