
Episode 492
Apple Intelligence fails to inspire. Eyes on Trump/Harris debate! | MarketTalk: What’s up today? | Swissquote
🇬🇧 Stay ahead of the markets with Swissquote
September 10, 202410m 48s
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Show Notes
The European and US indices rebounded on Monday, though the rebound was probably not based on high conviction, but looked more like the correction of last week’s decent selloff.
In the US, the 2-year yield consolidated below the 3.70% level, but the US dollar index rebounded ahead of Wednesday’s CPI data – that will certainly not change the expectation of a 25bp cut from the Federal Reserve (Fed) at next week’s policy meeting, but that could – if significantly different than expectations – revive or temper the dovish Fed expectations for the rest of the year. The EURUSD extended losses to 1.1040 and the USDJPY rebounded from August lows.
Apple closed nearly flat after revealing its new products yesterday. Apple Intelligence failed to impress.
Market’s attention will shift to politics as Donald Trump and Kamala Harris will face off in a debate today.
Listen to find out more!