As we expected, Trump announced a 90-day pause on most reciprocal tariffs excluding China, which caused the S&P 500 to jump almost 10% in a single day. However, uncertainty around tariffs remains, and fears of a trade war with China. Unless supported by positive news, markets are likely to drift lower. Unexpectedly, US treasuries saw a significant sell off at a time when investors usually look to the asset class as a safe haven. Given the size of this market and its systemic implications, adverse developments here could be very problematic.
- April 14, 2025
Weekly Newsletter – 11th April , 2025
- June 30, 2026
Weekly Newsletter – 26th June, 2026
A U.S.-Iran diplomatic breakthrough triggered a de-escalation pivot across global markets, sending oil prices down 8.70% as the…
- June 22, 2026
Weekly Newsletter – 19th June, 2026
The US–Iran ‘ceasefire’ eased energy supply fears and lifted risk sentiment, while the Fed’s June meeting and new…
- June 8, 2026
Weekly Newsletter – 6th June, 2026
A blowout US jobs report — 172,000 nonfarm payrolls against an 80,000 consensus — sent rate-hike odds surging…