Energy pipelines bend south instead of west, excess savings refuse to cross the Pacific, and the bond markets that financed […]

Markets rarely grant the luxury of a single narrative, yet this week they tried. With one well-timed handshake Washington and

By yanking back its April 2 tariff barrage, Washington has frozen the countdown clock on an outright divorce from Beijing—buying

Global capital does not pivot quietly. When the math on growth differentials, currency hedging costs and regulatory capital charges flips,

China is shipping goods, banking the dollars offshore, and sitting on what amounts to a stealth mountain of foreign reserves.

Europe’s rate-setters are moving in convoy again, trimming policy levers almost in lockstep even as Washington stands pat. Their logic

Trade is turning into a contact sport. In the space of a fortnight Washington has weaponised tariffs, London has sprayed

China’s private-sector entrepreneurs have long known that their greatest commercial risk is political, not commercial. Yet over the past two

There is something almost musical about the way modern German politics keeps hitting unexpected minor chords. Just when investors think

Wall Street still can’t choose between February’s peak and April’s trough. Strip away the noise and two actors drive the

If you were settling in for the usual post-holiday lull, the screens just administered a wake-up slap: one quiet Friday

Markets are no longer trading headlines; they’re trading half-finished White House drafts, leaked talking-points and late-night tweets that may never