Q4 25 US Bank Earnings: By The Numbers
Fourth quarter earnings season will soon be underway with, as usual, major Wall Street banks kicking things off.
A Look Ahead To Q4 25 US Earnings Season
With the S&P 500 priced for near-perfection, Q4 earnings season will test a key pillar of the equity bull case. Banks, Big Tech, and AI capex plans are firmly in focus.
Venezuela after the capture of Nicolás Maduro: implications for oil, emerging markets and the global order
Recent developments in Venezuela have brought the country back into focus for global financial markets, raising critical questions around oil supply, emerging market risk premia and geopolitical stability in Latin America. While the immediate effects on crude prices appear contained, the episode adds a new layer of uncertainty that may influence capital flows, investor sentiment and long-term market expectations. This report explores the potential scenarios ahead and their implications for oil markets, Venezuela and the global order.
Preview For The December 2025 US Jobs Report
The first week of the new year wraps up with market participants, and policymakers, receiving their latest update on the state of the US employment situation. With the labour market having, largely, continued to stagnate in both October and November, the upcoming release will be closely scrutinised for evidence of a labour market rebound, or signs that conditions have continued to stand still.
Gold Outlook: Geopolitical Risks Lift Safe-Haven Demand, Non-Farm Payrolls in Focus
Geopolitical tensions have boosted gold’s safe-haven demand. This week, gold eyes the key $4,400 level, with upcoming U.S. Non-Farm Payroll and PMI data likely to influence its early 2026 moves.
How to Trade Gold in 2026: A Higher Price Anchor Under Structural Support
Gold Outlook for 2026: Ongoing central bank buying, shifts in the dollar and interest rates, geopolitics, and ETF flows continue to underpin prices. The price anchor is likely to move higher—while rational and flexible positioning remains key.
December 2025 ECB Review: Nothing To See Here
To nobody’s surprise, the ECB’s Governing Council stood pat at this year’s final policy meeting, strengthening the idea that the easing cycle is done & dusted, and seeking not to ‘rock the boat’ before the Christmas break.
November 2025 US CPI: A Chunky Cooling
November’s US CPI report pointed to price pressures proving much cooler than expected last month, keeping further Fed cuts on the cards.
December 2025 BoE Review: The Old Lady Delivers A Christmas Cut
The Bank of England’s Monetary Policy Committee delivered a Christmas present in the form of a Bank Rate cut at the final meeting of the year, with further such reductions on the cards in 2026, as the labour market weakens, and inflationary pressures subside.
How to Trade China in 2026: Focus on Policy Guidance and Sector Divergence
China Market Outlook 2026: Policies Target Domestic Demand and Technology, Hong Kong and Mainland Markets May Diverge, Traders Can Track Select Sectors and Tactical Opportunities.
Crude Oil Hits New Lows: Oversupply Pressure Keeps Short-Term Gains Out of Reach
Oil continues to fall, with Brent dropping below $60 and WTI hitting 2021 lows. Global oversupply, weak demand, and easing geopolitical risks weigh on prices, keeping the short-term market outlook clearly bearish.
November 2025 UK Inflation: Price Pressures Continue To Fade
This morning's UK inflation figures will do little to deter the Bank of England's Monetary Policy Committee from delivering another 25bp rate reduction tomorrow, in the final policy announcement of the year.
Gold Price Outlook: XAUUSD Bulls Regain Control With All-Time Highs In Play
Gold looks set to finish 2025 strongly as buyers regain control. With XAUUSD pressing key resistance near $4350 and CPI risk ahead, traders assess the outlook for new all-time highs and Fed policy implications.
November 2025 US Employment Report: Further Signs Of Stalling
The November US employment report pointed to the labour market having continued to stall last month, leaving further Fed cuts on the cards into the new year.
October 2025 UK Jobs Report: Weakness Continues
This morning's UK labour market data indicated a greater margin of slack continued to emerge as the fourth quarter got underway.
Equity Bull Case Remains Robust Into Year-End
Equities remain supported by resilient growth, robust earnings, looser monetary policy, and easing trade risks. With a Fed and Trump “put” in place, the path of least resistance remains higher into year-end.
Gold Outlook: Volatility Rises as US Data and Central Banks Take Spotlight
Supported by a weaker dollar, continued central bank buying, and geopolitical risks, gold surged past $4,300, though hawkish Fed voices capped short-term gains. This week’s US jobs and CPI releases, along with global central bank rate decisions, could amplify year-end gold volatility, making risk management critical for traders.
Traders’ Week Ahead Playbook - Nonfarm Payrolls, US CPI, Central Banks & the Year-End Liquidity Test
Markets enter the final trading week of 2025 with US nonfarm payrolls, CPI, and five G10 central bank meetings in focus. A trader’s playbook on liquidity, bond yields, equities, and volatility risks into year-end.