Assets

• Cross-assetMarkets caught a fragile risk-on bid today as a pause in US-Iran hostilities pulled oil sharply lower, easing pressure on yields and lifting equities. But according to the published research consensus, that relief sits…
• GoldGold's outlook leans firmly bullish across most time horizons, according to the published research consensus this week — with one notable near-term caveat tied to the Fed.
• SilverSilver's setup looks constructive over the coming quarters, according to newly published research.
• CopperCopper: the near-term setup looks shaky, but the multi-year story is still intact — at least according to recently-published research.
• OilOil analysts are sharply split on where crude goes next, and the divide is really about timing and scenarios, not fundamentals.
• Natural gasNatural gas has a bullish setup on both sides of the Atlantic — but the whole thesis hinges on the Middle East staying disrupted.
• US equitiesUS equity research is split right now: most published views stay constructive on earnings and AI, but a serious minority warns of near-term technical damage, mega-cap overvaluation, and macro headwinds.
• European equitiesEuropean equities look broadly constructive today, with Germany's DAX, the UK's FTSE 100, and SAP all pointing higher — though researchers argue the bull case rests on different drivers in each corner.
• US bondsPublished research this week leans strongly toward higher US Treasury yields — across tactical, cyclical, and structural horizons — with only a small contrarian camp seeing near-term relief.
• EU bondsEuropean bond research is leaning modestly bullish — meaning most published views see yields drifting lower, with a hawkish minority pushing back.
• EUR/USDPublished research on EUR/USD is split — but mostly by time horizon, not by direction.

Macro

• Macro themesTwo forces are steering markets this week: a fragile US-Iran de-escalation and a cluster of major central bank decisions landing against that volatile energy backdrop.