Latest Insights

Sep 09, 2025

The Japanese yen is at a crossroads. After years of playing dual roles – safe-haven asset and funding currency for carry trades – it faces a turning point. BoJ is hinting at ending its era of ultra-low rates, so will the yen regain its safe-haven shine or remain the world’s favourite funding currency?

Sep 08, 2025

September began with investors weighing softer data, cautious central banks, and persistent geopolitical risks. In the US, the August jobs report set the tone. Payrolls rose by 165,000, below expectations, while unemployment edged up to 4.3%, the highest since 2023.

Sep 03, 2025

Eurozone inflation has nudged above the ECB’s 2% target, coming in at 2.1%. At first glance, that’s hardly anything, but traders pay attention to small shifts. The reason is because even a modest overshoot can shape expectations around interest rates, and that quickly effects equities. Markets reacted in kind: the STOXX 600 slipped about 1.5%, while the DAX dropped over 2% as investors re-adjusted their holdings. Even a small move in hard data can create a ripple effect on markets.

Sep 02, 2025

For decades, Japan has been the land of cheap money. Interest rates sat near zero, sometimes even below, while other countries offered much higher returns. That gap created what traders call the “carry trade.” The logic is simple: borrow yen at almost no cost, swap it into dollars, and invest in US bonds paying 4-5%. The difference becomes your profit.

Sep 01, 2025

Global markets rode a volatile week shaped by shifting monetary policy expectations and geopolitical surprises. In the US, Powell’s Jackson Hole remarks landed on the dovish side, signalling risks have tilted toward labour softness and nudging the door open for a September rate cut. At the same time, the Commerce Department revised Q2 GDP up to 3.3% annualised, a firmer base than first thought. Core PCE eased to 2.9% YoY, keeping the disinflation trend intact even as consumer confidence slipped and hiring cooled. Put together, traders leaned into nearly 90% odds of a cut next month.

Aug 27, 2025

Traders often mark neat horizontal lines on charts for support and resistance, but sometimes those levels seem to hold firm and other times they break with no warning. Why the difference? The answer usually lies in volume. A support line backed by high trading volume is a lot more likely to hold than one drawn in thin air. As Investopedia notes, “the more buying and selling that has occurred at a particular price level, the stronger the support or resistance level is likely to be”. In short, volume analysis is the missing piece that confirms whether your support or resistance line is meaningful.

Aug 26, 2025

For more than a decade, money was cheap — maybe too cheap?! Now that era is gone. Rates and bond yields have jumped back to levels we last saw before the financial crisis, and the adjustment is shaking things up.

Aug 25, 2025

Markets spent the week waiting for Jackson Hole, and Powell didn’t disappoint. His message was softer than many feared: the Fed now sees the balance of risks shifting, and he even opened the door to a September cut. That was enough to steady nerves after five straight down sessions for Wall Street. By Friday, the Dow was at record highs, the S&P 500 rose, and only the Nasdaq lagged as tech finally cooled.