Insights Across Every Market.
Research and plain-English guides on macro, fixed income, commodities, CFDs, real estate and venture capital.
EquitiesAramco: Profit vs Payout. The Test for Q3 Results
Aramco reports Q3 results on 3 November. In Q2, free cash flow covered only 56% of a $21.9B dividend. The test, and what to watch.
Read article→MacroCentral Bank Week: What the Fed, Bank of Canada and ECB Decide Next
The Fed, Bank of Canada and ECB all decide on rates between 27 and 29 October. What markets expect, the data that matters and why it reaches dollar-pegged borrowers.
Read article→Fixed IncomeBack Below 5%: Why Bonds Did Their Job When Tech Sold Off
The US 10-year yield fell back below 5% as tech stocks slid. What happened, and the role of high-quality bonds in a portfolio.
Read article→Investor EducationOne Day, Five Outcomes: A Real-World Lesson in Diversification
Tech stocks, blue chips, bonds, gold and Bitcoin all moved differently on 22 October. What one trading day teaches about diversification.
Read article→Fixed IncomeThe 5% World: What Higher Bond Yields Mean For Every Investor
UK and French 10-year yields are near or above 5% too. When safe government debt pays this much, every other asset has to clear a higher bar, and income investors finally get paid to wait.
Read article→CommoditiesOil Above $110: Who Wins And Who Pays
Supply risk in the Gulf pushed Brent higher. Revenue support for producers, a cost shock for importers, and wider swings for anyone holding energy.
Read article→CFDsCFDs Explained: Leverage Without The Guesswork
How contracts for difference work, why leverage cuts both ways, and how professional desks size positions before they trade.
Read article→Real EstateJudging A Property Deal On Yield And Exit
The numbers that matter in property markets worldwide: net rental yield, service charges, liquidity and how you get your money out.
Read article→Venture CapitalWhy Venture Capital Belongs In A Small Slice
Early-stage companies can return many times their cost, or nothing. Why a small, patient allocation is the disciplined way to own them.
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