Assets
- Cross-assetHot October CPI has shifted the published research consensus toward a 25bp Fed hike in December, with one camp of analysts flagging that 50bp is on the table if inflation surprises again. Market pricing cited in recent…
- GoldGold's outlook splits cleanly by time horizon, according to research published this week: cautious near term, constructive further out.
- CopperCopper looks tightly supplied, and the published research consensus this week leans higher on prices.
- OilPublished oil research is mostly pointing lower into 2027, but the near-term tape is loaded with event risk.
- Natural gasPublished research this week leans one way on natural gas: lower prices ahead, especially in Europe.
- BitcoinBitcoin's strategic case is still intact, according to one recently published view — the recent slide into the mid-$70Ks looks more like a normal cycle drawdown than the start of a bear market.
- US equitiesPublished research is leaning constructive on US equities over the next 6–12 months, but the near-term tape is contested. The Democratic midterm sweep and the Nvidia CEO scandal have knocked AI-linked names, and several…
- European equitiesEurope is quietly moving up the preference list in published research this week.
- US bondsPublished research is coalescing around a near-term drift higher in US Treasury yields, with one widely cited base case putting the 10-year at 5.25–5.50% into early 2027 before easing back toward 4.50–4.75%.
- EU bondsPublished research this week is overwhelmingly cautious on French bonds heading into elections, with most analyst camps pointing to wider French spreads and higher OAT yields. Only one contrarian thread sees spreads…
- EUR/USDPublished research on EUR/USD is split by timing, not direction: the near term looks heavy or rangebound for the euro, but the medium-term path points to a gradual recovery through 2027 and into 2028.
Macro
- Macro themesThree forces are driving markets right now, according to this week's published research.
- Policy makersCentral banks are leaning hawkish as a Middle East energy shock and sticky core inflation keep the tightening cycle alive. Published commentary this week suggests the Fed, Bank of England, Bank of Canada, Riksbank and…
Free · by email · no account
The Daily Digest in your inbox
Every morning, what published research argued the day before: the cross-asset and macro read in full, then every market in a line.