Michael Brown
Senior Research Strategist
Michael Brown is a seasoned, award-winning market analyst, with a record of providing pertinent commentary, analysis, and forecasting across all major asset classes, principally through a global macro focus, over a decade in the financial services industry. He frequently appears in a wide range of UK and international media, discussing major risk events, key market trends, and broader macroeconomic themes. Michael holds an Executive MBA from Cranfield University.
Most recent articles
December 2025 FOMC Review: A Hawkish Cut
The FOMC delivered a third straight cut at the December meeting, as expected, though Chair Powell sought to set a higher bar for further reductions moving forwards.
Silver Continues To Shine As Bulls Remain In Control
Silver’s break to new all-time highs above $60/oz reflects a persistent supply squeeze, elevated lease rates, and robust ETF inflows. Looking forward, focus remains on the sustainability of the move and key levels to watch into year-end.
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.
UK Budget Day Preview: Significant Fiscal Tightening Comes With Perilous Political Risks
A tax-heavy UK Budget is expected to restore fiscal headroom, though front-loaded spending, back-loaded revenue raising, and heightened political risk may shape market reaction.
Next Fed Chair: Key Candidates and What Powell’s Successor Means for Markets
As Jerome Powell’s term nears its end, discover who could become the next Fed Chair and what their policy outlook may mean for financial markets.
October 2025 UK Inflation: The Peak Has Passed
This morning's UK inflation figures pointed to price pressures having eased as the economy moved further into autumn, reinforcing expectations that September will likely mark this cycle's inflation peak.
Q3 25 UK GDP: A Dismal Quarter With Worse Still To Come
This morning's UK GDP data pointed to growth having remained incredibly anaemic in the three months to September.
Light At The End Of The Government Shutdown Tunnel
After over 40 days of stalemate on Capitol Hill, the weekend has brought what amounts to the first glimmers of light at the end of the tunnel, with bipartisan negotiations having seemingly reached a deal to bring the longest US government shutdown on record to a close.
Why the S&P 500 and Nasdaq 100 rally supports a stronger US equity outlook
It has undoubtedly been a very solid year indeed for equities, across the globe, with the early-April wobble around ‘Liberation Day’ now feeling like little more than a distant memory. With just two months of 2025 left to run, the S&P trades around 16% higher, with the tech-heavy Nasdaq 100 up an even chunkier 22%.
October 2025 ECB Review: Standing Pat In A Good Place
The ECB, again, stood pat at the October meeting, once again strongly implying that the easing cycle is now over.
FTSE 100 – Banking on the Banks
UK banking stocks have performed well of late, with a string of strong earnings allowing market participants to shrug-off a host of worries about the sector.
November 2025 BoE Preview: Standing Pat Once Again
The Bank of England’s Monetary Policy Committee are set to hold Bank Rate steady at the conclusion of the November meeting, as pre-Budget uncertainty limits the scope for near-term policy action, even with the path for rates continuing to lead lower.
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1. Data for the Pepperstone Group, correct as at October 2025.