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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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AI Optimism Meets Oil Reality - Why the Bull Case is Getting Harder
Faced with a US-Iran conflict stuck in the awkward limbo of a precarious ceasefire but no actual peace deal, oil prices marching higher as hopes for an imminent resolution fade, and now a hotter-than-expected US CPI print for April, traders are starting to clutch at straws for reasons to stay bullish.
May 13, 2026
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Tech Earnings Helping Insulate Markets from Middle East Uncertainty
Solid US corporate earnings are proving highly effective at insulating stocks and risk assets from the worst effects of the ongoing US-Iran war. While not every member of the Magnificent 7 has reported yet - with Nvidia still to come - the results delivered so far have been impressive.
May 6, 2026
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Central Bank Decisions, Q1 Earnings and Oil on the Radar for Investors
Central bank decisions from the FOMC, BOJ, ECB and BOE take centre stage this week, sharing the spotlight with the continuation of Q1 earnings season and ongoing fluctuations in oil prices.
April 29, 2026
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