Global markets are under pressure following a significant sell-off in High Beta Momentum stocks and rising geopolitical tensions involving Iran and NATO. Meanwhile, central bank activity remains a focal point with a rate hike in New Zealand.
Key Takeaways
- 1.The High Beta Momentum factor is experiencing its worst 5-day selloff since 2020.
- 2.The Reserve Bank of New Zealand hiked interest rates by 25 basis points to 2.5%.
- 3.Global market sentiment is pressured by geopolitical tensions, including Trump's comments on a potential renewal of fighting with Iran.
Table of Contents
- Markets Right Now...
- 10 Things You Shouldn't Miss This AM...
- Unconstrained Momentum (GSPRHIMO) is having its worst 5-day selloff since Covid
- Noteworthy Economic Data that hit overnight...
- Keep an eye on the following events today...
- ECO CALENDAR
- CENTRAL BANKS
- Main Rating Changes
- Upgrades
- Downgrades
- Initiations
Document Preview
Access the Full Report
Get unlimited access to institutional research reports with a 14-day free trial.
Authors
Jack McKeonJohn Flood
Securities
NVIDIA Corp9988.HK
Themes
AI Rotation TradeGeopolitical InstabilityHigh Beta Momentum Drawdown
Regions
GlobalAsia PacificEuropeUnited StatesChinaSouth Korea