Billionz Multi-Asset Weekly Newsletter
Domestic Equities Outperform Global Peers, Led by Pharma and Broader Market Gains Amid Global Anti-AI Sentiment Global Developments: Fed held rates at 3.75-4.00% in a 10-2 vote, Fed Chair Warsh called financial conditions tighter but stopped short of “tight,”. Markets now price 85% odds of a December hike.ECB held its deposit rate steady, with Lagarde staying non-committal on the direction of the next move and reaffirming a meeting-by-meeting, data-dependent approach.BoJ held its policy rate at 1.25% this week following September’s hike, with reported pushback from PM Takaichi against further tightening weighing on the yen.US Midterms and Iran.Democrats hold an ~8.6-point...










