Trump Hails "Very Good" Talks with Iran, Xi to Visit Washington

• US equity futures are wavering, but the Nasdaq 100 reached its first record high since June, fueled by AI enthusiasm and semiconductor stocks.
• Brent crude is fluctuating near $100/barrel, while US-Iran talks are described as 'very good' by Trump, despite Iran's firm stance on the Strait of Hormuz.
• Asian stocks are mixed, with KOSPI up but China AI stocks (e.g., Alibaba down 3%) falling due to regulatory probes, and the Yuan and Yen weakening.
• The OECD raised its 2027 global inflation forecasts for most G20 economies (e.g., US 2.6%, Euro-area 2.9%), urging central banks to tighten monetary policy further.
• The upcoming Trump-Xi meeting in Washington has lowered expectations, with discussions expected on AI, trade, and Taiwan.

The Bloomberg Brief covers global financial markets, highlighting wavering futures despite the Nasdaq 100's first record high since June, driven by AI enthusiasm. Geopolitical tensions surrounding US-Iran talks and the upcoming Trump-Xi meeting are key concerns, alongside the OECD's raised global inflation forecasts, prompting calls for further central bank tightening. Individual stock movers reflect mixed sentiment, with AI-related companies rallying while others face headwinds.