• Markets eye ECB and dollar dynamics

    Markets eye ECB and dollar dynamics

    Hopes for “Fed put” fade. Trade tensions overshadow retail sales boost. Tariffs clear way for ECB cut. Sterling’s diverging paths.

  • Calm waters, stormy depths

    Calm waters, stormy depths

    Trade uncertainty weighs on US assets. Pacey euro appreciation to force ECB’s hand. Pound mixed after slower inflation.

  • Lacking clarity and confidence

    Lacking clarity and confidence

    Dollar faces mounting pressure. Euro emerges as an attractive alternative. Pound steady after jobs report.

  • US assets shunned, euro shines

    US assets shunned, euro shines

    Aversion to US assets as sour mood resumes. Euro soars to 3-year high. US inflation relief. Pound eyes worst week since 2022 versus euro.

  • Trump yields to Treasury market

    Trump yields to Treasury market

    Biggest policy reversal in history. Bond sell-off went too far. Pound recovers with equities, but bonds pose a problem.

  • New wave of tariffs officially unleashed

    New wave of tariffs officially unleashed

    Tariffs kick in, volatility is rife. Turbulence to persist in FX. Euro surges again. Sterling caught in the crossfire.