Region: Europe

  • Resilient risk appetite despite rising oil

    Resilient risk appetite despite rising oil

    Dollar upside capped. EUR/USD stabilises above 200‑day. Politics to test sterling’s resolve.

  • Risk sentiment bruised, not broken

    Risk sentiment bruised, not broken

    Markets price containment as carry quietly returns. Elevated energy, fragile euro sentiment. Hawkish bias, real carry appeal.

  • A new phase, same conflict

    A new phase, same conflict

    On track to snap 3-week losing streak. Facing economic headwinds. Sterling steady, conviction still missing.

  • Triple-digit oil keeps USD steady

    Triple-digit oil keeps USD steady

    Markets are betting on containment and duration is the risk. Muddy ECB policy path. Sterling at one-month high versus euro.

  • Extended indefinitely

    Extended indefinitely

    Unimpressed. Rangebound trading persists. Inflation returns, BoE paralysed.

  • Focus on geopolitics and Warsh

    Focus on geopolitics and Warsh

    Ceasefire deadline tests risk conviction. EUR trading a delicate calm. GBP supported by peace hopes, challenged by UK politics.