market-commentary

MARKET COMMENTARY

Scroll Down

Quarterly Review of Macro and Markets for Q2 2025

Jul 3, 2025

11:34 am

Q2 2025 was marked by exceptional roller coaster of geopolitical and macro news flow.From tariffs to war in the Middle East and central banks cutting interest rates. The data shows that it was a quarter of marked good returns from most asset classes but it was also a quarter of exceptional worry and angst amongst…

Read More

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%…

Read More

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…

Read More

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…

Read More
Top