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Market Insight

Institutional Insights: Goldman Sachs Positiong & Key Levels Update 14/4/26
Institutional Insights: Goldman Sachs Positiong & Key Levels Update 14/4/26

Consolidated recap of GS positioning metricsSummaryCTA CornerWe estimate that CTAs bought $19bn of US equities last week. Looking ahead, projected buying over the next week is among the largest on...

Institutional FX Insgiths: JPMorgan Trading Desk Views 14/4/26
Institutional FX Insgiths: JPMorgan Trading Desk Views 14/4/26

JPM G10 FXThe big trade is still the dollar failing to rally on bad news. That matters. Even with geopolitics still hot and energy elevated, USD price action has been underwhelming, which suggests the...

Institutional Insights: Goldman Sachs Q2 Earnings Playbook
Institutional Insights: Goldman Sachs Q2 Earnings Playbook

Expect a Strong 1Q, with Results Likely Above Consensus: Earnings season unofficially begins next week with the major banks. Our economists estimate 1Q26 real U.S. GDP growth at 3%, a pace...

Institutional Insights: HSBC Gold 'Bull-dozer'
Institutional Insights: HSBC Gold 'Bull-dozer'

Gold Outlook◆ Gold has pulled back amid liquidation following the strikes in Iran, alongside rising oil prices, a stronger US dollar, and higher bond yields.◆ We expect gold to resume its rally once...

Institutional FX Insights:JPMorgan Trading Desk Views 9/4/26
Institutional FX Insights:JPMorgan Trading Desk Views 9/4/26

Macro / overnight- Ceasefire optimism is wobbling but not broken.- After the Asia USD selloff, it was notable that the USD couldn’t extend materially in London and ended up broadly unchanged.- That...

Institutional Insights: Nomura - Multi Asset Take
Institutional Insights: Nomura - Multi Asset Take

Ceasefire Relief Rally vs. Unresolved Medium-Term RiskThe key market message is that several things can be true at once. A ceasefire headline can drive a powerful near-term risk rally, particularly...

Institutional FX Insights: JPMorgan Trading Desk Views 8/4/26
Institutional FX Insights: JPMorgan Trading Desk Views 8/4/26

Macro / overnightBig headline shift overnight: US/Iran have agreed a 2-week ceasefire, taking markets back from the brink for now.The move happened fast and a lot of the initial price action was...

Institutional insights: Citi Desk Talk 'CTA Fuel Now, Ask Questions Later'
Institutional insights: Citi Desk Talk 'CTA Fuel Now, Ask Questions Later'

Global markets have rallied sharply overnight following the US-Iran ceasefire. While we would not stand in the way of a sizable CTA-driven buying wave, we remain cautious about adding fresh positions...

ES1! Daily Trade Setup 8/4/26
ES1! Daily Trade Setup 8/4/26

ES1! Daily Trade Setup 8/4/26In this update, we review the recent price action in the Emini SP500 futures contract and identify the next high-probability trading opportunities and price objectives to...