Sterling’s Real Test Is June GDP, Not Q2
TL;DR: A hawkish BoE tailwind has lifted Sterling this week, but Thursday's June monthly GDP — not the flattering Q2 headline — will determine...
Brent Breakout Raises $100 Risk as Hormuz Talks Hit the Same Old Wall
Could Brent oil actually retest $100? A confirmed technical breakout and a Hormuz negotiation stuck on the same unresolved dispute suggest the risk is rising.
Yen Slides Again as Intervention Effect Fades, Critical 48 Hours Ahead
Yen is under broad-based pressure again, barely 10 days after joint US-Japan intervention forced traders to retreat. Intervention has not failed, but it solved only the short-term positioning problem. The underlying reason Yen was weak, a substantial yield disadvantage against the US and expansionary fiscal policy under Prime Minister Sanae Takaichi, hasn't changed.
Why Silver May Be the Better US CPI Trade Than Gold
A weak jobs report already made the case for a Fed hold, but only Wednesday's CPI can confirm inflation is cooling too — and if it comes in soft without reviving growth fears, Silver's dual identity as both a monetary and industrial metal could let it outrun Gold.
