Fundamental analysis
The news, central banks and events that move the market.
UK GDP grows 0.2% in September, Q3 up 0.7% and industrial output beats expectations
The UK economy grew 0.2% in September, above the 0% forecast. Q3 growth of 0.7% and annual growth of 1.9% matched expectations, while industrial and manufactur…
BoJ board member Asada: any further rate hikes should be cautious and gradual
BoJ board member Asada says that with rates near neutral, further hikes would hit the economy harder and must be cautious. He is not entirely opposed to raisin…
Market sees 80–85% odds of Jensen Huang leaving Nvidia: would ousting him be a costly mistake?
Market-implied odds of Huang's exit hit a record 85%, and Nvidia has lost $2.1 trillion in value since Oct 26. Some analysts argue removing him could be a mist…
WSJ: Nvidia board prepares to oust CEO Jensen Huang; NVDA shares fall more than 10%
After a New York Times report on a second relationship involving Jensen Huang, the WSJ says Nvidia's board is preparing to remove him. Nvidia shares fell more…
Market News Roundup — November 12, 2026: Mississippi Senate, Ukraine diplomacy, yen warning, ASEAN oil reserves
Key news for Nov 12: Colom wins in Mississippi, Witkoff and Kushner head to Moscow, Mimura warns on the yen, missiles intercepted near Mecca and ASEAN joint oi…
Morgan Stanley's Mike Wilson: US stock correction in late stages, S&P 500 target 7,100–7,300
Morgan Stanley strategist Mike Wilson says the worst of the correction is behind us and falling oil prices could support US stocks into 2027.
Deutsche Bank: the dollar's growing reliance on equity inflows is a long-term risk for the currency
Deutsche Bank says the inverse link between the dollar and US stocks is weakening, which could push foreign investors to hedge more and weigh on the dollar.
Fed's Paulson and Goolsbee: inflation remains a real challenge, more gradual hikes ahead
Two Fed officials struck a hawkish tone after the CPI data. Paulson backed further gradual rate hikes, while Goolsbee said all options remain on the table.
Market News Roundup — November 11, 2026: Nvidia, Anthropic IPO, Japan Tankan, Baltic and Hormuz tensions
Key news for Nov 11: political pressure on Nvidia's CEO, a $1.5T Anthropic IPO valuation, a better Japan Tankan, a tanker incident in Hormuz and a drone strike…
Market News Roundup — November 10, 2026 (Evening): US CPI, the Fed and Rubio
Evening roundup for Nov 10: hotter-than-expected US CPI, a December Fed hike fully priced, and Rubio on Ukraine talks, Iran and China.
US October CPI comes in hot: headline +0.4% m/m, core +0.3%
US consumer prices rose 0.4% in October and core CPI 0.3%, both a tenth above forecasts. Markets still fully price a Fed rate hike in December.
Record rush into US stocks: $2.1 trillion of inflows since 2020
US equity funds have drawn $2.1 trillion since 2020, 4.5 times EM Asia, while European equity funds saw outflows. Four-week global equity inflows hit a record.