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Still no data to hydrate conviction
Why the bifurcated economy defies recession calls. Treading water at 1.16. Sterling softens, as cuts creep in.
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Metals melt down
Immune to noise, hungry for data. France risk meets 1.16. Soft prints, softer sterling.
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Earnings roar past expectations
Strong earnings and global calm ease banking jitters. Mean reversion, minus momentum. Pressure points – front to long end.
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All eyes on Friday’s US inflation report
Inflation in focus. Realignment, not breakout. Sticky inflation, stuck policy.
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EUR/USD fills the gap
Dollar eases on credit concerns, Fed tone and political uncertainty. Cycle highs in sight, but still a test. Short-lived strength, long-term strain.
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Rate cut rhetoric gains altitude
Out of breath above 99. Soft data keeps piling up. Shorts squeezed, risks remain.