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Risk mood continues to sour
Geopolitics and inflation data dominate. Euro clinging onto 1.14. All eyes on Burnham.
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Keeping calm and carrying risks
Markets look to negotiations. Hawks and doves claim victory. Rates support returns, politics lingers.
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Fed minutes in focus, UK political circus
Policy risks linger, dollar stays firm. Conflict jitters and defence spending lift long-end yields. Sterling rises above the political noise.
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It’s all about the US dollar right now
Dollar strength beyond hawkishness. Divergence depressing the euro. Sterling also at the mercy of the dollar.
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Ten years since Brexit, seven prime ministers
Sterling firms as Starmer steps down. Hawkish Fed bodes well for dollar. Euro still a laggard after dovish Lagarde.
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Final whistle or extra time?
They think it’s all over: US-Iran deal hopes. Policy missteps risk an own goal for growth. Pound attempts to reclaim 1.34.