Macro
Regulators Must Act Before the CFD Summer Surge Turns Toxic
The 40% jump in retail CFD volume is a warning sign that regulators can no longer ignore. I argue that tighter leverage caps and clearer disclosure rules are overdue.
ECB wage tracker shows 2.7% growth in Q1 2027, signaling stable wage pressures
The European Central Bank's wage tracker indicated negotiated wage growth of 2.7% year‑on‑year in the first quarter of 2027, suggesting that wage pressures remain stable.
Swiss National Bank adjusts remuneration of sight deposits
The SNB announced a change to the remuneration rate applied to sight deposits held by banks, a tool used to influence short‑term funding conditions.
Ukrainian central bank announces biggest currency liberalisation since 2022 invasion
The National Bank of Ukraine said it is rolling out its most extensive set of currency‑market reforms since the Russian invasion, aiming to ease foreign‑exchange restrictions and boost liquidity.
Why Hormuz Tensions Are Driving Up Shipping Insurance and Squeezing Refiners
As Iran and Oman edge toward a Hormuz reopening, the real price shock is coming from soaring marine insurance premiums that are adding a hidden cost to crude and tightening refinery margins.
