News and Analysis

Survey forecasts $5K before end of year The 2023 crypto rally is accelerating as we move into April, with Bitcoin adding 8% to break through $30K for the first time since June...

BRENT: Oil is the world’s most traded commodity, and Brent is the pricing benchmark for an estimated three-quarters of this trade. It includes over 600 related oil products and is...

Summary Performance vs earnings disconnect Earnings have been resilient so-far and are in the spotlight as recession risks build. Q1 set to again be ‘less bad’ and a market...

CRE: Commercial real estate (CRE) is being fingered as the next economic shoe to drop, after the recent banking scare. It's a $20 trillion asset class in the US alone, and small...

EASTER: Our ‘Easter egg’ index of commodity prices used to make (cocoa, sugar, milk) and package (aluminum, wood pulp) Easter eggs has risen this year. It has been led by...

Could  April's upgrade help Ethereum catch up? The crypto market has continued to creep higher over the last week, ending the first quarter of 2023 on a positive note. Since...

RALLY: Six months is a long time in FX markets. EUR/USD slumped below parity in mid-2022 and troughed at 0.95 late in Q3. Europe’s recession risks were spiking and the US interest...

REVERSAL RALLY: Global markets are closing Q1 in green, after a big rebound by the 2022 crypto and tech losers. A volatile quarter saw a dramatic January rally, on less-bad...

GAS: Natural gas prices on both sides of the Atlantic have continued to plunge. This has been a key macro positive, driving lower inflation and stronger economic activity...

BONDS: The real market action in recent months has been in asset classes outside of equities. With bitcoin surging and commodities plunging. Bonds have been no exception. Rallying...