AI and green ambitions meet at a nuclear plant [Video]
|Risk is on, sentiment is great since the Federal Reserve (Fed) announced the end of policy tightening with a 50bp cut. This week, the US will reveal the latest PMI figures, the third estimate of its Q2 GDP growth and the core PCE index – also expected to give the market bulls enough room to extend the risk rally. The Eurozone CPI updates could revive the European Central Bank (ECB) doves. The Reserve Bank of Australia (RBA) is expected to stay pat, but the Swiss National Bank (SNB) is also seen cutting its rates.
As such, oil and energy could eventually see the benefits of the reflation trade, as well. And there is an interesting intersection between Big Tech and its AI projects and energy markets, and that’s nuclear.
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