0949 GMT - The AI bubble hasn't burst yet, according to Capital Economics' Thomas Mathews in a research note. "We don't think the fall in tech stocks' relative valuations means the AI bubble has burst yet, and the rally may have a bit further to go," the head of markets of Asia Pacific says in a note. If oil prices keep falling, and manage to bring yields with them, a tech-led relief rally is therefore possible even though the index hasn't fallen that much, he says. "There's potential for market-moving news at the U.S.-China meetings, but our best bet is that progress, and any resultant market reaction, will be minor," he adds.
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