State Street: Stock Market Remains Supported, but Interest Rate Movements Could Be a Correction Trigger

Odaily reported that Tim Graf, Managing Director and Head of EMEA Macro Strategy at State Street, said: "Global stock markets have been in a state of sustained gains over the past few days. Therefore, I believe we are currently in a phase where this rally is showing slight signs of fatigue."

Tim Graf added that the stock market remains supported: "I think, if there is any factor capable of triggering a correction, it would be movements in the interest rate market and the expectation that inflation may remain above the targets of many central banks for an extended period, potentially forcing them to tighten policy." (Jin Shi)