US markets saw a rally in chipmakers lifted by AI boom, while poor earnings caused the Nasdaq 100 to slip amidst Fed policy signals.

The entities involved

• FED →

  business

  • Funds like Vanguard and Janus Henderson are investing in corporate bonds and short Treasury bills as FED policy influences Treasury yields.Tue 23:50
  • The FOMC held the federal funds rate steady while NOAA predicted strong El Niño conditions, coinciding with the release of PCE price data.Tue 23:44
• Middle East →

  geopolitical region encompassing Egypt and most of Western Asia, including Iran

  • Tensions are renewed in the Middle East following a US strike on Qeshm Island, alongside industry talks in Abu Dhabi.Tue 22:55
  • Oman's strategic position in the Strait of Hormuz is highlighted as peace terms are sought, with the US issuing threats against Oman.Tue 22:51

Related events

• AI boom drives rallies in the Korean market, while Trump seeks agricultural support amid global economic risks and central bank policy shifts.Jun 29
• Stronger inflation data was reported in the US today, indicating rising inflationary pressures.Fri 11:29
• Higher oil-driven input costs due to Middle East supply disruptions are impacting EM Asia market trends, affecting companies like Samsung, Pakistan, and Indonesia.Jul 22
• HSBC, led by Janet Henry, is tracking inflation forecasts, noting that Middle East escalation is driving global inflation concerns.Thu 12:11
• FED rate hike fears and Middle East tensions are causing market volatility, leading to MSCI rebalancing and Asian equity declines.Aug 31