UBS says no ’Germany Moment’ for Ottawa as Loonie tracks the Fed

UBS has provided an outlook for the FTSE 100 index for 2026, reflecting its analysis of current market conditions and economic indicators. The forecast is part of UBS's broader strategy to guide investors in navigating the financial landscape.

US stocks experienced a notable increase driven by expectations of a potential interest rate cut by the Federal Reserve. However, despite this boost, the market lost ground over the week, reflecting ongoing concerns about economic conditions and investor sentiment.

Federal Reserve official John Williams has reignited discussions around potential interest rate cuts, suggesting that a reduction may be on the table for December. His comments have raised questions about the Federal Reserve's internal divisions regarding monetary policy, particularly as some policymakers remain opposed to such cuts. This uncertainty reflects ongoing debates within the Fed about the appropriate response to current economic conditions.

Nvidia's investors reacted negatively to the company's strong earnings report, leading to a selloff despite the positive financial results. This occurred as broader market sentiment shifted towards expectations of a potential Federal Reserve rate cut, causing a disconnect between Nvidia's performance and investor behavior.

Comments from Federal Reserve official John Williams have increased expectations for a potential interest rate cut in December. Despite these remarks, some policymakers within the Fed remain firm in their stance against such a move, highlighting ongoing debates about the appropriate monetary policy in the current economic climate.

Federal Reserve official Miran indicated support for a 25-basis point interest rate cut if he were a 'marginal vote' in the upcoming decision. This statement reflects ongoing discussions within the Fed regarding monetary policy adjustments in response to economic conditions.

Paramount Skydance has secured the rights to broadcast the majority of Champions League matches in the U.K. and Germany, alongside holding U.S. media rights for the prestigious soccer competition. This acquisition was part of an $11.5 billion auction.

Gold prices have stabilized following comments from Federal Reserve official John Williams, who indicated a potential interest rate cut in December. This development has positively influenced market sentiment towards gold, as investors seek safe-haven assets amid economic uncertainties.