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BT Market Focus

The Business Times
Gold
Japan
China
Donald Trump
Singapore
Nvidia
Federal Reserve
US Federal Reserve
US Dollar
United States
Oil Prices
Asian Markets
India
Artificial Intelligence
Indonesia
Iran
Bitcoin
Bank Of Japan
South Korea
Brent Crude Oil

Market Focus Daily is a closing bell look at markets and the news that drove its movements-every trading day. Market Focus Weekly rounds up the week with expert analysis and insights for a big picture look at the trading week ahead.

Produced by BT Podcasts, The Business Times, SPH Media.

PublishesDailyEpisodes722Founded4 years ago
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Latest Episodes

Is the energy crisis over? Global stocks hit record highs fueled by AI, while oil tumbles 10 per cent on potential Strait of Hormuz reopening. What about the AI hype versus real growth, the USD's "fairy tale moment," the sustainability of the East As... more

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Market news for May 28, 2026: Iran conflict and US strikes drove Asian stocks lower, challenging peace optimism. Oil rebounded 2 per cent, pressuring inflation and bond yields, while AI-driven chip sales buoyed South Korean exports despite broader ma... more

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Market news for May 26, 2026: Oil prices rose today and stocks wavered as investor optimism over an imminent US-Iran peace deal was tempered by new US strikes in the Middle East. Brent futures rose over 2 per cent to over $98 a barrel, while global s... more

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Market news for May 25, 2026: Stocks surged on Iran deal hopes, weakening the dollar and oil, but Strait of Hormuz clarity concerns tempered the rally, underscoring persistent war-driven inflation risks for global markets.

Synopsis: Market Focus Da... more

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Recent Guests

José Torres
Senior Economist at Interactive Brokers
Interactive Brokers
Episode: The war is three months old, stocks are at record highs and the Fed is talking hikes
Ritesh Ganeriwal
Head of Investment Advisory
Syfe
Episode: Quarter-end gloom: Mispriced assets, gold's stumble and Asia's energy reckoning
Hugh Chung
Chief Investment Officer at Endowus
Endowus
Episode: Tech jitters, Fed splits, Dollar gains: nerves rise
Aninda Mitra
Head of Asia Macro and Investment Strategy
BNY Advisors Investment Institute
Episode: How much political risk is the market really pricing in?
Herald van der Linde
Head of Asia Equity Strategy at HSBC
HSBC
Episode: Asia’s stocks jump early, and investors are asking if it will last
Charu Chanana
Chief Investment Strategist at Saxo Bank
Saxo Bank
Episode: The Fed, the Yen and Singapore’s Surprise Tech Star
Dina Ting
Head of Global Index Portfolio Management
Franklin Templeton
Episode: Why markets reversed overnight and what investors should watch next
Cheng Chye Hsern
Head of Investment at Provident
Provident
Episode: Markets rise through shutdown fog but will it last?
Pete Tan
Portfolio Manager at Phillip Securities
Phillip Securities
Episode: US-China tango, Fed cuts & QT end and Dr Copper’s pulse

Host

Howie Lim
Host of Market Focus Weekly; provides market commentary and interviews.

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Can the AI rally really ignore inflation, geopolitics and a Fed under pressure?
Q: What is the realistic path for rates given inflation and geopolitics this year?
Rate hikes are unlikely to be the base case; the focus is on a higher-for-longer regime with potential for gradual rate cuts only if inflation moves decisively lower and credibility remains intact.
Can the AI rally really ignore inflation, geopolitics and a Fed under pressure?
Q: Do you think the leadership change at the Fed would mean something different for its long-term strategy for managing the economy?
The Fed functions as a committee, not a single person, and decisions will continue to depend on inflation data and geopolitical context; the leadership change adds perspective but does not instantly redefine policy.
The war is three months old, stocks are at record highs and the Fed is talking hikes
Q: How significant is the Fed's hawkish shift in shaping rate expectations, and what data besides energy prices pose the biggest inflation risk right now?
Non-housing services inflation, along with food, goods, and overall core services, is re-accelerating; policy makers are watching for signs that inflation is not cooling as fast as hoped, while the energy backdrop continues to complicate the trajectory.
The war is three months old, stocks are at record highs and the Fed is talking hikes
Q: Given the mixed reaction to NVIDIA's forecast, is the AI trade now moving into a more selective phase, and what metrics should investors prioritize besides raw revenue growth?
Margins and free cash flow are crucial, as investors will scrutinize how much operating cash flow remains after capex, with a focus on whether hyperscalers can sustain capex-heavy investments while preserving liquidity for rest of the business.
AI boom, oil's 'peace premium,' and the Fed's sticky inflation dilemma
Q: What would be required for the Fed to feel confident enough to cut rates—especially in the context of energy prices and job data coming out soon?
A combination of constructive data points showing cooling inflation and resilient but not overheating labor markets would be needed, with improvements in wage growth showing signs of softening and productivity gains offsetting inflationary pressures from energy; otherwise rate cuts are unlikely in the near term.

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Frequently Asked Questions About BT Market Focus

What is BT Market Focus about and what kind of topics does it cover?

Market-focused daily and weekly market briefings center on the moves in equities, currencies, and commodities driven by macro events, technology stock volatility, AI narratives, and regional dynamics in Asia. Episodes frequently feature expert traders, portfolio managers, and market strategists dissecting reactions to AI developments, US tariffs, central bank signals, and geopolitical tensions, with a notable emphasis on how Nvidia, AI-related earnings, and regional policy shifts influence sentiment and asset prices. A standout angle across recent episodes is the interplay between high-conviction tech stories and broader macro factors, including currency moves, gold, oil, and policy outlooks, making it a pragmatic resource for finance profe... more

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1. BT Correspondents
2. BT Money Hacks
3. The Business Report with Ryan Huang and Chua Tian Tian
4. Live Well with Michelle
5. Reset with Lynlee

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BT Market Focus launched 4 years ago and published 722 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on BT Market Focus?

Recent guests on BT Market Focus include:

1. José Torres
2. Ritesh Ganeriwal
3. Hugh Chung
4. Aninda Mitra
5. Herald van der Linde
6. Charu Chanana
7. Dina Ting
8. Cheng Chye Hsern

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