JPM Dec-cut call sparks risk-on rally
November 27: J.P. Morgan's shift to a December 25bp Fed cut tightened rate expectations, pressured short-dated yields and lifted Asian markets.
Equities Rally as Fed Cut Bets Rose
November 26: Bets on a December Fed rate cut rose after softer retail sales and mixed inflation, lifting US and European equities.
Alibaba Cloud Beat Lifted Tech
November 25: Alibaba’s strong cloud revenue growth reinforced the AI-driven tech momentum and supported gains across Asian markets, shaping sector leadership globally.
CPI Freeze Heightens Market Uncertainty
November 24: The BLS cancellation of October CPI and the delay of November CPI removed a key inflation datapoint, increasing uncertainty across rates-sensitive markets and influencing Treasury and equity positioning.
Dovish Fed Lifted US Stocks
November 21: Federal Reserve speakers were read as dovish, easing short-term rate expectations and lifting US benchmarks while Asian tech fell.
Nvidia (NVDA) beat and mixed jobs hit markets
November 20: Nvidia's (NVDA) strong Q3 and upbeat outlook lifted AI names, while a delayed mixed jobs report pushed yields lower and weighed on US indexes.
Dovish Fed Minutes and Nvidia (NVDA) Earnings
November 19: FOMC minutes showed support for further cuts, lowering Treasury yields and boosting long-dated bonds; Nvidia (NVDA) beat estimates.
NVDA hedging sparked tech selloff
November 18: Options-implied moves for NVDA had prompted elevated hedging, which pressured AI and semiconductor peers and pushed global benchmarks lower.
Fed slow-cut warning pressured markets
November 17: Jefferson's 'proceed slowly' remark tempered rapid-cut odds and lifted short- and medium-term yields, weighing on banks and growth stocks.