Encouraging news on AI, oil and the BoJ — but not enough | MarketTalk

Markets found some relief this week, but the underlying risks are far from resolved. Nvidia revived appetite for AI and semiconductor stocks, yet massive capex requirements, financing needs and shrinking free cash flow remain important concerns. Meanwhile, oil prices eased, and global inventories are falling more slowly than JP Morgan’s earlier “no-resolution” scenario had feared. That buys the world precious time — but not necessarily enough if Middle Eastern supply disruptions persist. Central banks are also walking a tightrope. The Bank of England overhauled its QT programme, the Fed raised rates to defend its inflation objective, and the Bank of Japan delivered another 25bp hike. Yet markets want more evidence that Japanese rates are heading towards neutral. Across AI, oil and monetary policy, there is some good news — just not enough to eliminate the risks. Watch the full episode to find out more! 0:00 Intro 1:07 Market update 4:19 Good news from energy markets 6:41 BoE overhauls QT, long yield gilt yields fall 7:51 BoJ hikes, but yen tanks Ipek Ozkardeskaya has begun her financial career in 2010 in the structured products desk of the Swiss Banque Cantonale Vaudoise. She worked at HSBC Private Bank in Geneva in relation to high and ultra-high net worth clients. In 2012, she started as FX Strategist at Swissquote Bank. She worked as a Senior Market Analyst in London Capital Group in London and in Shanghai. She returned to Swissquote Bank as Senior Analyst in 2020, and launched her own website ipekScope.com in 2025. #Markets #Investing #AI #Nvidia #Semiconductors #Oil #Energy #Inflation #FederalReserve #BoE #BoJ #USDJPY #InterestRates #MarketOutlook #Swissquote #MarketTalk _____ 👉 Discover our brand and philosophy: https://www.swissquote.com/en/group _____ 👉 Deepen your trading and investing knowledge with Swissquote Inspire: explore our articles, analyses, webinars and exclusive content: https://www.swissquote.com/private/inspire _____ 👉 Discover Swissquote’s culture and join a company that values innovation, diversity and team spirit: https://www.swissquote.com/en/careers