◆ Daily Global-Macro Brief LIVE
TODAY IN 30 SECONDS
  1. UK FPC warns of heightened financial stability risks from Middle East conflict
  2. UK regulators outline AI oversight approach for financial services

Central Banks 2

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  • Middle East conflict triggers sharp rise in global energy prices and bond yields, worsening growth and inflation outlook
  • Sovereign debt vulnerabilities elevated due to high issuance, leverage in hedge funds, and potential liquidity strains
  • Private credit and risky asset valuations remain stretched, with AI-related tech valuations particularly exposed
  • Bank of England and PRA issue joint response to government inquiry on AI risks/opportunities
  • Call for proportionate regulation balancing innovation with systemic risk controls
  • Focus on model risk, data governance, and operational resilience in AI systems