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The Doves in the Ascendancy?

Jul 1, 2025

10:15 am

The past few weeks have seen growing confidence priced into financial markets regarding forthcoming rate cuts by the U.S. Federal Reserve. This optimism stems from two core drivers: first, the evolving macroeconomic landscape, and second, mounting political pressure from the U.S. government urging monetary easing. As of now, futures markets are assigning an almost 100%…

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Into the Unknown

Jun 24, 2025

7:07 am

• US attack on Iranian nuclear facilities adds another level of risk to markets • The reaction of oil prices will set the tone of markets with Straits of Hormuz threatened • Neither bonds or equities were over extended into this weekend’s event • The dollar and particluarly gold the early beneficiaries • From last…

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Geopolitics Reasserts Itself

Jun 17, 2025

9:42 am

• Israel Iran conflict injects more inflation into the global economy • Oil at risk of further upside wiping out the recent weakness and its benefit to asset prices • Fed is likely to signalits ongoing reluctance to cut rates • Bonds range trading – we remain short duration • UK equities make a new…

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Investment Strategy

Jun 13, 2025

12:27 pm

• U.S. trade policy has softened, but concrete deal progress is minimal. • Economic strength may weaken as front-loaded trade activity unwinds. • U.S. fiscal deficit concerns grow, intensified by the new tax bill. • Indian corporate earnings likely bottomed, poised for recovery with stronger economic activity. • Indian equities outlook cautiously optimistic, driven by…

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