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Market commentary – February 2025
Date: 12/03/2025
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Uneven tariff talk and weaker outlook weigh on USD tariffs remained front and centre throughout February as markets re-evaluated the credibility of Trump’s threats. Following the postponement of tariffs on …

Trade, Trump and stability of the Chinese yuan
Date: 05/03/2025
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The concept of stability in the Chinese currency has been of great interest to investors, especially since the introduction of the People’s Bank of China’s (“PBoC”) preferred measure of CNY …

Market commentary – January 2025
Date: 10/02/2025
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DeepSeek AI sows uncertainty in FX markets economic data largely played second fiddle to the headlines this month, with FX price action driven primarily by President Trump’s tariff threats and …

Market commentary – December 2024
Date: 07/01/2025
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FOMC wraps up 2024 with hawkish cut Major central banks convened in droves ahead of the holidays, making their final policy decisions of the year and setting the tone for …

Key investment risks for 2025
Date: 20/12/2024
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As we look ahead to 2025, an interplay of macroeconomic and geopolitical risks dominate the investment landscape. In our latest research note, Andrew Bloomfield addresses each key risk in turn …

Market commentary – November 2024
Date: 09/12/2024
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Trump Election Victory Pushes USD to 12-Month High Global political developments dominated the FX space in November with the U.S. presidential election acting as the primary driver of broad dollar …
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