Assets
- GoldGold is caught between a near-term selloff and a still-firm long-term bull case — and the split is mostly about time horizon, not the underlying story.
- CopperCopper is having a moment — and the bullish case is unusually consensual right now.
- OilOil is trading on a war premium, and most analysis points higher from here.
- Natural gasNatural gas is flashing bullish across the board — Henry Hub, European TTF, and global LNG — and it's now the clear consensus call.
- BitcoinBitcoin watchers are split — and the split is mostly about time horizon, not direction.
- US equitiesUS equities are pulling in two directions right now: tactical jitters versus a still-constructive long-term setup.
- US bondsUS Treasury yields are caught between a near-term inflation shock and a longer-term debate about value.
- EU bondsEuropean bond markets are under broad selling pressure, with German, French, and UK yields all pushing higher. The consensus view leans firmly bearish — though one contrarian take sees current levels as a buying…
- EUR/USDNear-term outlook on EUR/USD is leaning lower, and the reasoning behind it is worth unpacking.