State Street: Stock market still supported, but interest rate trends could trigger a correction

Odaily Planet Daily News Tim Graf, Managing Director and Head of EMEA Macro Strategy at State Street, said: "Over the past few days, global stock markets have been in a state of continuous upward movement. Therefore, I believe we are currently in a phase where this rally is showing slight signs of exhaustion."

Tim Graf added that stock markets remain supported: "I think, if there is any factor that could trigger a correction, it would be the movements in the interest rate market, along with the expectation that inflation might remain above many central banks' target levels for an extended period, potentially forcing them to tighten policy." (Jin Shi)