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Central Banks, Oil and Big Tech Earnings Take Centre Stage
The Federal Reserve’s policy meeting sits at the centre of this week’s agenda. June’s decline in US CPI to 3.5% from 4.2% in May has given policymakers room to leave rates unchanged, and no increase is expected at this gathering.
July 29, 2026
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Learning to Live with Higher Oil?
The market is learning to live with higher oil prices, as evidenced by gains on the major US indices on Tuesday. However, the big question is, for how long?
July 22, 2026
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The MoU That Wasn't
The US-Iran Memorandum of Understanding (MoU) signed last month has proved to be anything but. The two sides are once again exchanging military strikes, and they hold completely different views on the state of affairs in the Strait of Hormuz.
July 15, 2026
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On Again, Off Again: Markets Navigate Fragile Diplomacy
The US-Iran relationship has been on-again, off-again since the Memorandum of Understanding (MoU) was signed in mid-June, and it has flipped firmly back into the “off” phase this week.
July 8, 2026
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US Jobs Data Top of the Agenda
US jobs data dominates the economic calendar this week and sits firmly at the top of traders’ agendas. Investors will pore over JOLTS, ADP private payrolls, jobless claims, and the all-important Non-Farm Payrolls (NFP) report.
July 2, 2026
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Rate Expectations Driving Dollar Higher
The US Dollar continues its impressive run, riding higher even as oil prices have pulled back from recent peaks. Driven by rising Treasury yields and persistent inflation expectations, the greenback has crossed above the 101 level on the DXY and is up around 2.3% month-to-date.
June 24, 2026
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Fed Turns Hawkish, Dollar Rises, Gold Falls
The Federal Reserve released a hawkish stance, strengthening the dollar index and weakening the gold price.
June 22, 2026
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FOMC Reality Check Meets Diplomatic Breakthrough
The FOMC meeting this week marked Kevin Warsh’s first appearance as Fed Chairman, and it left little doubt that there is a new sheriff in town when it comes to US monetary policy.
June 18, 2026
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Mirage or Momentum? Markets Cling to Peace Deal Hopes
Despite the US and Iran continuing to exchange military strikes, with Washington responding forcefully after Iran allegedly shot down a US helicopter, risk assets have avoided a steeper sell-off.
June 10, 2026
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Stocks Still Finding the Will to Push Higher
Stocks keep finding the will to push higher, with the S&P 500, Nasdaq, and Dow all hitting fresh record highs, while the Nikkei in Asia joined the party today. It’s an impressive show of resilience.
June 3, 2026
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Waiting Game Continues for a Possible Peace Deal
The market is currently playing a patient waiting game, closely watching for any meaningful progress toward a US-Iran peace deal. This anticipation has helped keep risk assets buoyed, providing a counterbalance to geopolitical jitters while driving oil prices lower.
May 26, 2026
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Rising Yields Deliver a Reality Check
Rising global bond yields have moved from a peripheral issue to centre stage this week, delivering a glaring reflection of the inflation outlook. The sight of the US 10-year Treasury yield crossing and holding above 4.5% has particularly caught the market’s attention, and it has continued to climb.
May 20, 2026
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