The cut is certain. The outlook isn’t.
We’re heading into one of those weeks where markets feel like an overstuffed Advent calendar: every day pops open with another surprise. Oracle and Broadcom …
December 8, 2025
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Sprinting with a shoe untied - sprinting nonetheless
Markets are ending the week in one of those oddly upbeat moods where bad data is good news, good news is rare, and everyone pretends …
December 5, 2025
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US Passed, Japan Scored
US markets cheered weak jobs data yesterday, treating 32,000 job losses in November — and the fourth negative print in the last six months — …
December 4, 2025
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Not while JGBs keep pressuring
Bitcoin, USDJPY, JGBs — call it the holy trinity of risk appetite. Since Monday, these three have been my first stops when turning on the …
December 3, 2025
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Fragile rebound
Oh boy, what a start to the month! Japanese yields spiked after BoJ’s Ueda hinted at a rate hike, sending equities and Bitcoin tumbling, while …
December 2, 2025
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Ueda ruins the mood
Markets returned from Thanksgiving in a fragile mood, but it wasn’t the Fed, stretched tech valuations or holiday spending that set the tone this morning …
December 1, 2025
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