AI mania and gold fever
Tuesday 21st May 2024
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There\u2019s an absence of solid data. Maybe that\u2019s why equity markets have reverted to AI-hype, ahead of NVIDIA earnings later in the week. There\u2019s also been significant gains in the price of silver, gold and copper. Phil talks to NAB\u2019s Rodrigo Catril about why precious metals are doing so well. None of this distracts from the commentary from central banks, with more from the UK and US tonight, as well as the minutes of the last RBA meeting locally. And the first fo the week\u2019s significant CPI prints \u2013 first off, Canada.
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