A new Muse inspires equity markets

Oil prices fell yesterday after President Trump said he would be open to meeting Iran’s leader this week. The accompanying enthusiasm carried over into both European and US bond and equity markets. And these were further boosted by positive headlines around Meta’s new AI Chatbot, Muse, boosting Meta’s share price by 11% in the session and powering a surge in the technology heavy hitters that helped the Nasdaq Composite close at a new record high. The upcoming summit between the US and China is now in focus. Norbert Rücker, Head of Economics and Next Generation Research joins t...