Markets opened the week on a positive note, with equity markets in the black, while European and US bond yields tumbled. This was all despite oil prices remaining well above US$100/barrel and the AI/Tech sector threat unchanged. Anthropic has announced it will float on the NASDAQ, offering strong opportunities to investors, while overinvestment in the sectors deepens. The US Dollar remained bid, with the EUR trading below 1.1200, while the GBP traded around 1.3350.The elevated reserve pushed the NZD below 0.5700, while the AUD drifted back to 0.7020. This coming week will see an important inflation reading in Australia, while the RBNZ is expected to raise interest rates, despite a softer than expected quarterly inflation reading last week.
