Eurozone HICP Cools to 2.5%: ECB's Path to Q2 Cuts Clears
Eurostat's March HICP data surprised markets, cooling to 2.5% and clearing the path for the ECB to begin rate cuts in Q2 2026. This chall...
· 7 min read
Global Markets | LedgerTouch Intelligence
ECB Signals a Stability Fight, Not Just an Inflation Fight
Eurozone inflation re-accelerated to 2.5% in March, driven by a 4.9% energy price surge. While markets focused on the headline miss, the ...
· 6 min read
Warsh's Fed: A Plan to End the Dot Plot Threatens Bonds
President Trump's Fed nominee Kevin Warsh plans to scrap the 'dot plot' and forward guidance. This isn't a tweak—it's a regime change tha...
· 8 min read
Iran Conflict Resets the Fed's Rate Path
The market's repricing of Federal Reserve policy, from expected 2026 cuts to potential hikes, is a direct result of energy-led inflation ...
· 6 min read
Wage Growth and Labor Scarcity Reset Fed's Rate Path
March labor data showed slowing job growth but accelerating wages and a shrinking workforce. This supply-side tightening challenges the d...
· 6 min read
BoJ's Intervention Signals a Faster Unwind for the Yen Carry Trade
The Bank of Japan's direct yen intervention is not FX management. It signals an accelerated policy normalization driven by domestic data,...
· 6 min read
China's Industrial Strategy Triggers a New Disinflationary Wave
China's pivot to 'new quality productive forces' is a deliberate strategy to export industrial overcapacity. This isn't a cyclical invent...
· 6 min read
The Market Is Misreading the March Jobs Report
Headline job growth is a distraction. The reacceleration in average hourly earnings is the critical signal, challenging the market's rate...
· 6 min read
Waller's March 28 Speech: The Fed's New 4.3% Problem
Fed Governor Waller's March 28 speech reset market expectations, citing a 4.3% annualized rise in 'supercore' inflation. This isn't just ...
· 8 min read
IMF at 3.3% and World Bank at 2.7%: Why the 2026 Growth Gap Changes Risk Budgets
The IMF still projects 3.3% global growth for 2026, while the World Bank projects 2.7%. That spread is a portfolio-level warning about co...
· 8 min read
IMF Fiscal Monitor Signals Debt Above 100% of GDP This Decade With a 124% Stress Path
IMF Fiscal Monitor projections show global public debt surpassing 100% of GDP by the end of the decade, with an adverse scenario near 124...
· 7 min read
The ECB Is Done Playing Nice: Stability Is the New Mission
The mission of the European Central Bank has evolved far beyond the singular pursuit of lower prices. While the institution has spent muc...
· 6 min read
The Great Gold Rush of 2025: Why 5,000 Tonnes Just Disappeared Into Vaults
The global financial landscape witnessed a historic shift in 2025 as precious metals reasserted their role as the ultimate hedge against ...
· 7 min read
Inflation Is Finally Breaking: The Eurozone Is Ready to Party
The economic landscape of the Eurozone entered a significant new phase in early 2025 as the aggressive campaign against rising prices fin...
· 6 min read