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Profits at record highs mask uncertainty
Equities flat after volatile session. Up for now, risks remain. Hedge against tariff noise.
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Fading fiscal headroom
A surprising spring in sterling’s step. Trade war consequences are showing. More short-term pain for the euro.
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Dollar firms on tariff and recession relief
Good data is good news. Euro down on buyers’ fatigue. Sturdy start for sterling.
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Equities rebound amid uncertain policy
Risks around “fiscal and trade policies”. Euro under pressure. Monetary caution and fiscal consolidation influence pound.
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Dollar gains as sentiment sours
Post-Fed euphoria fades. Euro bracing for a weekly decline. BoE in no rush.
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Fed holds steady; BoE to follow suit
Best Fed day for stocks since July ‘22. Euro slips below $1.09. BoE priced to stay on hold.