December 2025 ECB Preview: Standing Pat Once Again
The ECB is set to hold rates steady in December, with guidance unchanged and projections likely to show a continued inflation undershoot. Here’s what to expect from the final meeting of the year.
A Trader’s Guide to the December FOMC Meeting: What Markets Are Pricing and What to Expect
A detailed trader’s guide to the December FOMC meeting covering expected rate moves, USD positioning, volatility pricing, and key market risks into year-end.
An Oversupplied Horizon: Why 2026 Could Reprice the Entire Oil Landscape
The oil market is heading into 2026 with an interesting contradiction as demand continues to grow at a healthy pace while supply expands nearly three times faster. This imbalance points toward a widening surplus that could reform the price landscape and test the policy of major producers.
Preview For The November 2025 US Jobs Report
As US statistics agencies continue to play ‘catch-up’ after the end of the government shutdown, the final ‘proper’ trading week of the year will see the release of not only the full November labour market report, but also partial data for October, helping both market participants, and policymakers, to build a picture of how the employment backdrop has evolved during the bulk of the fourth quarter.
Gold Outlook: $4,250 Resistance Tests Ahead of Volatile FOMC Week
Gold consolidates at highs, facing strong $4,250 resistance. FOMC dot plot, Powell’s comments, and global central bank policy divergences may steer year-end market moves.
A Traders’ Weekly Playbook: Central Banks, AI Earnings, and Market Setups to Watch
A packed week for traders: four G10 central bank meetings, key China data, and major AI earnings from Oracle and Broadcom. See the market risks and trading setups to watch.
2026 Eurozone Macro Outlook: Headwinds Turn To Tailwinds
Eurozone headwinds turn to tailwinds in 2026 as trade clarity improves and fiscal easing lifts growth, though political uncertainty and geopolitical risks persist.
2026 US Macro Outlook: Returning To Policy Stability
A clearer policy backdrop and ongoing Fed easing underpin a firmer US growth outlook in 2026, even as tariffs, deficits and labour market slack linger.
2026 UK Macro Outlook: Risks Aplenty As ‘Doom Loom’ Continues
Fiscal fragility, political risk and soft growth define the UK outlook for 2026, with inflation easing slowly and the BoE set to keep cutting.
December 2025 FOMC Preview: A Knife-Edge Cut
A divided FOMC is poised to cut rates again in December, framing the move as risk management, while offering little clarity on how quickly easing will continue into next year.
Traders’ Weekly Playbook: Rising Risk Appetite Into a High-Impact December
Markets head into December with rising risk appetite, major event risks, and key data releases in focus. Explore the top trading themes, catalysts and opportunities for the week ahead.
AI Midgame: How Google & Alibaba’s Ecosystems Are Shaping the U.S.-China Race
By the end of 2025, the AI market has entered its midgame. Google’s Gemini 3 and Alibaba’s Qwen app are drawing attention. In the U.S.-China AI race, full-stack ecosystem companies remain resilient, with policy, capital, and user data driving both short-term market activity and long-term growth potential.
USDJPY Nears 160: Intervention or Rate Hike May Provide Short-Term Relief, But Wage Growth Is Key
Since October, USDJPY has been steadily weakening toward 160, pressured by fiscal expansion and loose monetary policy, while its safe-haven appeal diminishes. Short-term intervention or a rate hike may stabilize the yen, but long-term direction hinges on wage growth.
The Dollar Turns a Corner, How It Recovered From a Difficult Year
The US dollar has navigated a complicated year, marked by periods of weakness through the first half. The index came under steady pressure from tariff uncertainty, softening macro data and a market convinced that aggressive monetary easing was on the horizon.
FX Volatility Seems Mispriced As Year-End Risks Mount
With multiple event risks looming into year-end, cross-asset volatility looks mispriced, leaving FX vol as the most attractive expression of potential turbulence.
Gold Outlook: Bulls and Bears Locked in Battle, Awaiting a Clear Break
Gold remains choppy in the short term, with bulls and bears evenly matched. Mixed employment signals, Fed divisions, and geopolitical risks add uncertainty. This week, US retail sales and PPI data could guide the next move for gold.
A Divided FOMC: Holding Rates Steady In December Implies No Action Until March
If the Fed stands pat in December, as the base case now points to, policymakers are likely to remain on the sidelines until March, raising the risk of falling behind the curve as labour-market conditions evolve.
September 2025 US Employment Report: Stale But Solid-ish
Despite a solid headline payrolls print, the September US labour market report pointed to the jobs market still stalling out under the surface, though the path to a December Fed cut has narrowed in recent days, despite shaky jobs figures.