Analysis: Must Read

Tokens: Chinese "low cost" defies Silicon Valley

The artificial intelligence industry is entering the era of mass commoditization. The consumption of tokens, the unit of measurement for data processing, is exploding under the impetus of Chinese...

The world needs Gulf hydrocarbons. And their cash, too.

The conflict in Iran threatens to dry up this windfall.

UBS freezes German real estate fund amid liquidity crunch

According to Reuters, UBS has suspended redemptions for its Germany-based Euroinvest real estate fund for up to 36 months, citing insufficient liquidity to meet withdrawal requests. The fund held 407...

Understanding the Mechanics of Share Buybacks

The surge in share buybacks is no coincidence. This mechanism offers tangible benefits for both the company and the investor. However, caution is recommended as well, because these buybacks can also...

Cryptocurrency Taxation: When Transaction Frequency Outweighs Volume

In a recent ruling, the Lille Administrative Court held that three disposals spaced two years apart do not constitute a habitual cryptocurrency trading activity, despite the significant amounts...

Oil, Equities, Bonds… Markets Put Trump Under Pressure

And it is the Iranians' best point of leverage.

Dark pools and the indicators used to decipher them

Off-market transactions now account for nearly half of US trading volumes, away from the public eye. The DIX, based on movements within Dark Pools, helps decode a portion of this activity.

Trump Appoints Tech Executives to Strategic AI Advisory Council

The US administration is strengthening ties with Big Tech by appointing industry leaders to a key advisory board. The move aims to accelerate artificial intelligence development amid intensifying...

Oil Price Collapse: Who Placed Their Bets Before Trump?

As Donald Trump ramps up messages on Truth Social to de-escalate tensions with Tehran, massive capital flows recorded just moments before his posts are sending shockwaves throughout the financial...

MSCI Launches Daily Private Credit and Private Equity Indices

MSCI is attempting to bring real-time transparency to private markets. With the launch of its Nowcasting indices, the index provider now offers daily NAV estimates for private credit and private...

Iran conflict reshuffles the pack of global diplomacy

Pakistan could emerge as the primary beneficiary of the shifting geopolitical landscape.

Why financial crises always return: The Minsky cycle explained

1987, 1997, 2008, 2020. At first glance, these dates suggest an almost rhythmic regularity. Every decade or so, a major crisis hits the financial markets following a period of calm. Minsky's theory...

A Decade of S&P 500 Retracements: A Timeline of Market Shocks Since 2016

Over the last decade, S&P 500 pullbacks have primarily followed three distinct regimes: monetary normalization, macro-financial shocks and pure exogenous shocks. We review these specific phases that...

We still don't have enough copper

Copper production will peak in 2030 at 27 million tonnes if we have no new mines starting production. Only 5% of new mine discoveries happened in the last decade. To create a new mine from exploration...

Aviation Sector: Brace for Turbulence

The aviation sector has been caught in a downward spiral for a month, driven by a brutal oil shock. While airlines are partially hedged against this, they are beginning to worry about this prolonged...

Are Inverse ETFs Like ProShares Short S&P 500 Worth the Risk?

Betting against the S&P 500 might seem counterintuitive. Yet, that is the core principle of an ETF widely used for hedging or speculation. While the ProShares Short S&P 500 may look appealing when...

If the Middle East Conflict Gives You the Jitters, Imagine Taiwan…

Stagflation fears are rattling markets as war continues in the Middle East. However, a conflict triggered by China in Taiwan would have an impact of an entirely different magnitude on the global...

Transactional Diplomacy Serving Common Interests Between Japan and the United States

Japan is seeking to make itself indispensable to the United States by offering strategic solutions to a president whose diplomacy operates largely on a transactional basis.

Trump rejects ceasefire proposal in Iran conflict

US President Donald Trump has ruled out any possibility of a ceasefire in the ongoing conflict with Iran. This stance comes as military tensions continue to escalate across the region.