Each month, our investment experts assess liquidity conditions, policy signals and front‑end dynamics across global money markets.
Monthly Cash Review – USD
War, oil volatility, and Fed uncertainty clouded the outlook, yet US money markets barely blinked as abundant reserves kept funding conditions unusually calm.
Monthly Cash Review – GBP
A rare 9–0 BoE vote masked growing tension. Short end yields jumped as inflation risks, weak growth, and geopolitics pushed UK rates into choppy waters.
Monthly Cash Review – EUR
Energy shocks and war rattled headlines, but euro money markets stayed calm. Liquidity held, rates stayed anchored, and the ECB largely watched and waited.
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