26 October 2026
Global equity markets remained volatile as investors reassessed AI valuations, rising infrastructure financing costs and mixed technology earnings. A rebound in semiconductor stocks proved uneven, while concerns over the sustainability of AI-related spending continued to weigh on sentiment. Meanwhile, escalating Middle East tensions pushed oil prices higher, reinforcing global inflation risks and complicating the outlook for monetary policy. Accelerating UK inflation added to these concerns, while corporate bond risk premiums reached their highest level since May 2025, signaling broader risk aversion.
Market Insights is prepared weekly by the TFOS trading desk and published every Monday.
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