Capital Daily Can global markets continue to shrug off the war? US involvement in the Israel/Iran conflict has so far prompted just some volatility in global financial markets, with most major asset classes ultimately not far away from where they were on Friday... 23rd June 2025 · 4 mins read
FX Markets Weekly Wrap Fed more likely to boost the dollar than Mideast conflict The dollar has made some further gains this week, on net, but remains not far off its weakest level in three years. It has mainly benefitted on the back of a somewhat hawkish FOMC announcement, which... 20th June 2025 · 5 mins read
Capital Daily Making sense of Israel-Iran escalation and markets Fears that the US may get involved in the ongoing Israel-Iran conflict have led to another pick-up in oil prices and renewed jitters across financial markets. The impact so far remains limited, but as... 18th June 2025 · 5 mins read
Capital Daily What to make of (the lack of) market reaction to Israel-Iran Despite the further escalation in the Israel-Iran conflict over the weekend, the impact on major financial markets has remained relatively limited. Unless there is actual (not just feared) disruption... 16th June 2025 · 4 mins read
FX Markets Weekly Wrap FX Weekly: Middle East escalation offers a lifeline for the dollar The dollar has recovered some of the ground it lost earlier in the week in the wake of Israel’s overnight strikes on Iran. While that still leaves the greenback near its lowest level in more than... 13th June 2025 · 6 mins read
Capital Daily The Israel-Iran escalation and global markets At the time of writing, global markets were in a “risk-off” mood after Israel’s strikes on Iran. We think there are three key initial points to make. 13th June 2025 · 5 mins read
Capital Daily The US dollar still can’t catch a break President Trump’s latest tariff threats, combined with some softer US price and employment data, has sent the US dollar to its lowest level, in aggregate, in more than three years. There are still... 12th June 2025 · 4 mins read
India Economic Outlook India Outlook: Economic outperformance in the face of tariff threat India’s economy has had a strong first half of the year and is poised to grow by 7% in both 2025 and 2026, making it a global outperformer. The recent sharp drop in inflation has enabled the Reserve... 9th June 2025 · 17 mins read
FX Markets Weekly Wrap FX Weekly: US dollar remains on edge The US dollar is enjoying a strong end to the week thanks to signs of economic resilience in the latest US Employment Report but, for the second week in a row, the DXY Index is little changed on net... 6th June 2025 · 5 mins read
Emerging Europe Economics Weekly Emerging Europe Weekly: Bulgaria gets the green light, Poland election fallout The European Commission gave its approval for Bulgaria join the euro-zone next year and, while the macroeconomic implications of euro adoption will be small, geopolitically it will bind the country... 6th June 2025 · 6 mins read
Capital Daily ECB unlikely to drive EUR/USD any higher While the ECB cut its policy rate today, as widely expected, President Lagarde’s accompanying comments tilted hawkish and have given interest rate expectations and the euro a boost. Our view remains... 5th June 2025 · 5 mins read
Capital Daily Section 899 might not be so taxing on US bonds and equities We doubt Section 899 of the One Big Beautiful Bill that passed the House of Representatives in May will have the big negative effects on US asset markets that some seem to fear, even if it remains... 4th June 2025 · 5 mins read
FX Markets Weekly Wrap The greenback just can’t catch much of a break The dollar has stabilised overall this week amid continued uncertainty around US trade policy and questions around the fiscal package that is still working its way through Congress. Market... 30th May 2025 · 5 mins read
China Chart Pack China Chart Pack (May 25) China’s economy slowed in April. And although US tariffs have had a bigger impact on consumer confidence than export growth, broader external headwinds will drive down export growth later this year... 30th May 2025 · 0 mins read
Capital Daily What the US CIT’s tariff ruling means for the markets Despite a positive initial reaction in global stock markets to yesterday’s ruling by the US Court of International Trade (CIT), there is still plenty of uncertainty about future tariffs on US imports... 29th May 2025 · 5 mins read
Australia & New Zealand Chart Pack ANZ Chart Pack (May 2025) Our ANZ Chart Pack has been updated with the latest data and our analysis of recent developments. Although continued trade tensions have heightened economic uncertainty, they have had only a modest... 29th May 2025 · 1 min read
