Latest / MPC Markets Morning Call
29th January 2026 – Fed Pauses, Mega cap earnings mixed, precious metals FLY!
Morning Call covers a busy overnight session with the Fed holding rates, mega-cap US tech earnings from Meta, Microsoft and Tesla, and another powerful move higher in precious metals and uranium, with implications for ASX miners, Aussie tech, and sector positioning going into key US data and Apple results.
Fed leaves rates unchanged as Powell emphasises strong 4.4% US GDP and lingering inflation risks, with dissenters pushing for only a 25 bp cut while markets still focus on future easing.
Meta initially sells off on sharply higher AI/data-centre CapEx guidance before reversing to a…
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