• Desensitised

    Desensitised

    Emboldened safe-haven bid. Downside bias builds. Supported by risk not rates.

  • Summit fades, conflict retakes centre stage

    Summit fades, conflict retakes centre stage

    Chinese yuan stronger on Beijing summit reset. Time and rates work against the euro. Pound awaits clearer political signals.

  • Markets await Summit signals

    Markets await Summit signals

    Xi–Trump meet as conflict looms large. Drifting lower as sentiment wavers. Real challenge or just smoke?

  • Warsh’s first test: no easy cuts

    Warsh’s first test: no easy cuts

    Warsh inherits a tough inflation setup. Euro drifts on Gulf stalemate, China in focus. UK assets wobble as Starmer hangs on.

  • (Overblown) optimism?

    (Overblown) optimism?

    Peace deal hopes denting dollar support. Buoyed by external forces, tested by local politics. Relief rally, limited upside.

  • Under threat

    Under threat

    Escalation flare‑Up, downside bias builds. Oil risk, Yen intervention, and April’s risk rally. Upside stalls as local elections loom.