AGP Executive Report
Last update: 2 hours agoMarkets: US futures rebounded after the S&P 500’s worst week since April 2025, while oil extended its sharp decline on hopes for progress in Iran talks. Nvidia fell in premarket trading after its board opened an investigation, as investors weighed AI-sector risks and stronger odds of a December Fed rate hike. China and Asia: China’s factory-gate prices rose at their fastest pace in more than four years, while Taiwan’s October exports jumped nearly 60% on AI demand—an engine of growth even as chip stocks face heavy volatility. Energy Outlook: Wood Mackenzie sees global oil demand peaking at 108 million barrels a day in 2032 before falling, putting about one in five refineries at risk of closure over the next decade. Inflation: Mexico’s annual inflation accelerated for a third month to 3.75% in October, above forecasts, strengthening expectations that the central bank will hold rates after its recent cut.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.