Weekly markets 08 06 20260:00/529.04199546485261× The dollar's dominance is under scrutiny — gold has displaced it as the world's top reserve asset according to a new ECB report, while non-bank institutions now absorb more Treasury issuance than central banks, bringing higher rollover risk
Weekly markets 01 06 20260:00/470.15619047619051× Wall Street is brushing off AI bubble fears — the S&P 500 hit record highs 11 times in May, the Nasdaq is up 16%, and Sandisk alone is up 600% on the year. Bulls point to cash-generating companies and strong
Weekly markets 25 05 20260:00/442.66376417233561× UK gilts post their best week in two and a half years — 10-year yields fall to 4.9% after Labour leadership frontrunner Andy Burnham pledged to stick to the government's borrowing limits, calming a bond market that had been
Weekly markets 18 05 20260:00/505.311201814058961× Inflation from the Iran war is now unmistakeable — US CPI at its fastest since 2023, UK 30-year gilts at their highest since 1998, and commodity ETFs seeing their biggest daily inflow since Ukraine. The ECB is expected to hike twice more
Weekly markets 11 05 20260:00/627.37850340136051× Foreign investors are dumping Indian stocks at the fastest pace on record — $21bn pulled out since February, with $13bn in March alone — as the war in Iran sends energy costs soaring and the rupee to historic lows. India relies on the Strait
Weekly markets 04 05 20260:00/552.86566893424041× Japan’s finance ministry takes its most dramatic step in years this week — spending an estimated $30bn to defend the Yen during Golden Week, when thin liquidity makes currency moves land harder. We unpack why the war in Iran has made the
Weekly markets 27 04 20260:00/666.8361× All four major central banks — the Fed, ECB, Bank of England, and Bank of Japan — hold rates this week, and we ask whether the muted market reaction to the Iran war signals something structural: that technology and services have displaced fossil fuels
Weekly Markets 20 04 20260:00/585.09496598639451× The US labour market is being squeezed from multiple directions at once — AI-driven layoffs, tighter immigration, geopolitical uncertainty, and reduced job mobility are combining in ways that are starting to show up in the data. We look at which sectors and
Weekly Markets 13 04 20260:00/661.90657596371891× The Strait of Hormuz is blocked again after peace talks collapse, but markets are reacting with surprising calm — Brent crude is actually back below three figures. We unpack the distinction between headline and core inflation, what March's 3.3% inflation
Weekly markets 06 05 20260:00/552.86566893424041× A two-week ceasefire has been agreed in Iran, but few are expecting it to hold — and bond markets seem to agree, with a $119 billion Treasury auction expected to draw weak demand after months of volatility. We explore the UK'
Weekly markets 30 03 20260:00/480.80933333333331× Bond traders have pivoted this week — the fear is no longer inflation, it's a global slowdown. We look at why sovereign debt is rallying, what falling yields in the US, UK and Germany are signalling, and why Goldman Sachs has
Weekly markets 23 03 20260:00/508.20133333333331× Three weeks into the Iran conflict, inflation is creeping back into the conversation in a serious way. We break down how much oil prices could add to headline inflation, why central banks are haunted by their 2022 mistakes, and what Goldman Sachs&