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World markets

May

Nvidia co-founder and chief executive Jensen Huang has held markets in his thrall in previous earnings calls..

Middle East’s Nvidia demand could add $1trn to AI market boom

Sovereign AI deals have become key to Nvidia’s strategy to entice customers beyond Silicon Valley and reduce its reliance on big tech companies, and China. 

House in Gunnedah.

The bond market’s dire mortgage warning is at odds with the RBA

If Australians could fix their mortgages “US style” for 30 years as some have suggested they should, we would be staring at decade-high home loan rates.

The Museum of Islamic Art in Doha. The city is trying to reinvent itself as a financial hub.

One of the world’s richest nations wants a Wall Street of its own

Doha wants to be a financial power player on the global stage – and it’s offering incentives to big firms to relocate.

Nothing can stop shares in  Commonwealth Bank from going up.

Why this strange week for markets may point to trouble ahead

While Australian sharemarket investors are rejoicing in the prospect of interest rate cuts, long-term bond rates are drifting higher.

James Aitken at the AFR’s Alpha Live event in 2024.

Managing money in the age of Donald Trump

Global macro expert James Aitken says he’s never been busier helping fund manager clients make sense of the world, even if its just a shoulder to cry on.

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Economic growth has meant Japan’s central bank is considering increasing rates next week.

The sell signal in the market that no one is paying attention to

For years, global investors could afford to ignore Japan bond market. But one line has just been crossed that could force us all to pay more attention

April

Traders on the floor of the New York Stock Exchange. The market has sold off significantly, and the US dollar slumped, as Donald Trump’s war against the Federal Reserve intensifies.

Wall St rally fades as uncertainty sets in over Trump trade war

Shares had a mixed day of trading, capping a rollercoaster week that included Donald Trump softening his stance on tariffs.

The fallout from Trump’s reciprocal tariff announcements is expected to continue.

Wall Street’s rally roars into a third day as profits keep piling up

US markets got a solid boost from tech shares as investors parsed a mixed bag of corporate earnings and watched for signs of progress in the tariff stand-off.

Douglass sees a Trump recession – but he’s bullish on US

One of the country’s best-known stockpickers says the market is past “peak tariff uncertainty”. But many fear chances of a downturn are not yet priced in.

Donald Trump with Tim Cook, Elon Musk and Jeff Bezos.

Tech bros left reeling in ‘dizzying’ Trump tariff back and forth

“Those donations they made to get Trump elected are being rewarded,” wrote one analyst after key electronics were exempted. Then the White House changed its mind.

The Reserve Bank is worried about the knock-on effects of Trump’s trade policies.

RBA frets over global markets, hedge fund leverage

Australian households have weathered high interest but the Reserve Bank of Australia is worried about a global market storm that’s coming our way.

March

Michael Hintze at his office in London “You can’t out-trade a machine, but you can out-think it,” he says.

Hedge fund veteran Michael Hintze on the rise of machines, and returns

It has been a year since the billionaire investor sold his storied London fund. Now he’s back with a new fund in the midst of a rapidly shifting market.

February

The New York Stock Exchange.

US equities fall as hopes for lower rates fade again

Moderating job growth, rising inflation expectations and the prospect of reciprocal tariffs knocked the wind out of Wall Street.

January

OpenAI has suggested DeepSeek leant on its models to create its own as scepticism grew about claims of its low-cost development.

Scepticism grows of DeepSeek’s bold AI claims and ultra-low cost

Donald Trump’s artificial intelligence adviser said there was “substantial evidence” the Chinese start-up had used data sources from its Silicon Valley rivals.

The US efforts to restrain China’s development of AI and other advanced technologies appear to have forced Chinese companies to develop innovative workarounds.

DeepSeek arrival upends investor belief in magnificent seven dominance

Elon Musk, who is developing his own AI model, questioned whether Silicon Valley’s new Chinese rival had made up claims of being more efficient.

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The New York Stock Exchange.

Wall Street slips, Fed, megacap earnings awaited

The S&P 500 closed down on Friday in New York, though it ended the first week of Donald Trump’s second term almost 2 per cent higher.

The New York Stock Exchange.

US stocks rebound in broad rally on Trump optimism

The S&P 500 recorded its best week since the November US presidential election. Bitcoin briefly tops $US105,000. US markets are closed on Monday.

The New York Stock Exchange.

ASX to rise, Wall St lower as tech stumbles

Australian shares are set to rise. All three major US benchmarks holding narrow losses late. Gold tops $US2700 an ounce. China data awaited.

The New York Stock Exchange.

ASX to leap, Wall St surges on bank profits, rate cut bets

Australian shares are set to open up 1.3 per cent. All three US benchmarks rallied, and bond yields dropped on hopes for lower rates.

Bank of America forecasts that the S&P 500 will end 2025 at 6666 – a rough 10 per cent advance.

ASX futures, US equities swing in choppy session

Australian stocks appear set for modest opening gains. Global bond yields steady. Oil retreats. Iron ore tops $US100 mark. Bitcoin tops $US96,000.

Original URL: https://www.afr.com/topic/world-markets-hvj