Trump dusts off a 1930 law to hit Canada
Discrimination statute as tariff tool
World
Central banks, currencies and economies beyond the U.S.: China, Japan, Europe, Britain, India and the oil states.
Long-term rates climb as Iran talks stall
Diplomacy risk in 30Y
Hormuz reopens, on paper
MOU without verification
Iran closes the strait again
Re-closure shock to curve
Three ways the Hormuz crisis could end
Probability-weighted Hormuz scenarios
Iran charges ships a toll, in yuan
Non-dollar settlement for transit
Why ships won't sail through Hormuz
Insurance premia block transits
Asia pays the most for Hormuz
Asia bears most crude exposure
The oil shock the world feared
Chokepoint removes ~20% of seaborne oil
The yen nears Japan's line in the sand
Pace-based intervention trigger
Japan's 30-year bond hits a record
Life-insurer demand gap
Japan's last cheap-money trade
BoJ hike narrows differential
Japan's bond yields hit 17-year highs
BoJ hike priced into curve
America and China call a truce, again
Tariff cut for export-control pause
China's rare earth counterpunch
Escalation before summit
Japan's new leader weakens the yen
Fiscal dovishness weakens yen
Nvidia's China problem
Guidance ex-China
Nvidia pays Washington to sell to China
Government take on China sales
India hit with 50% tariffs
Secondary tariff on rupee assets
Europe settles for 15%
Euro reaction to asymmetric deal
Japan's deal: 15% and $550bn
Investment pledges as tariff price
Japan's bond market turns nervous
Fiscal-populism risk in long JGBs
America bombs Iran. Oil falls
Contained retaliation deflates premium
Oil jumps as Israel strikes Iran
Oil shock into inflation swaps
China's rare earths are its best weapon
Export controls vs tariffs
America and China call a truce
90-day de-escalation
Britain gets the first trade deal
Quota-based auto relief
China holds the yuan steady
PBoC resists competitive devaluation
Germany rewrites its debt rules
Infrastructure fund outside fiscal rule
Germany opens its wallet, and bonds tumble
Debt-brake reform reprices Bunds
Tariffs on Canada and Mexico go live
USMCA content carve-outs
Special Report
Lunar New Year: DeepSeek and China's tech comeback
Efficiency shock re-rates China tech
Britain's borrowing costs hit a 27-year high
Fiscal rule headroom erodes with yields
China finally promises to loosen up
Policy stance language upgrade
Trump threatens Mexico and Canada
Tariff threat vs integrated supply chains
Special Report
Singles' Day: China fixes its local debt, not its shoppers
Local-debt relief vs demand stimulus
How Chinese goods reach America through Mexico
Trade diversion masks China content
China finally fires its stimulus bazooka
Monetary easing vs deflation expectations
The carry trade that blew up
Funding-currency squeeze unwinds leverage
Japan hikes into the world's most crowded trade
Positioning asymmetry before hike
Japan steps in to save the yen
Suspected intervention after data
China's cheap EVs meet Europe's tariffs
Subsidised capacity meets tariff walls
Is France the eurozone's next crisis?
TPI eligibility and spread ceiling
What happens to the euro when the ECB cuts first
Rate differential vs growth differential
How far can Europe cut before the Fed does?
ECB cut ahead of Fed via FX pass-through
