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CIO Corner
Vantage Point
Navigate the market landscape using CIO Office's Vantage Point, highlighting the week's crucial themes.
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Once again seems only thing to subscribe to today: “Truth Social”
June 24, 2025
Markets are still trying to price clarity in a foggy world. Trump’s announcement of a ceasefire between Israel and Iran was enough to knock oil down 5% and lift equity futures. That drop in oil isn’t just about peace—it’s a market recalibration. The biggest tail risk (a wider regional war) has been dialled down for now. But it’s not gone.
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When the winds of politics stir the oil market, asset prices don’t wait for clarity
June 17, 2025
It’s rare for a G7 summit and a central bank decision to play second fiddle to a single tweet—but that’s where we find ourselves this week. President Trump’s abrupt warning to “evacuate Tehran” jolted markets, throwing a shadow over what had been a tentative return to risk appetite. Crude spiked, Treasury yields ticked up, and the mood across Asia flickered from relief to recalibration. For investors, this is no time to relax—it’s time to be precise.
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Trade Talks, Tight Metals, and the Tug-of-War in Rates
June 10, 2025
Markets open this week with cautious optimism as US–China trade talks resume in London. No breakthroughs yet, but the shift in tone alone has lifted sentiment. Asian equities are expected to trade higher, with the Nasdaq Golden Dragon Index up over 2%. Trade data, though, tells a more sober story - Chinese exports to the US just posted their steepest drop in five years. The disconnect between headlines and hard numbers is where opportunity and risk sit.
Contributor
Gareth Nicholson
CIO and Head Discretionary Portfolio Management
Disclaimer
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IWM CIO Corner Disclaimer
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