PiQ Morning Blast

PiQ Morning Blast is a daily live markets podcast hosted by Ryan Paisey and Michael Brown, covering global macro, geopolitics, and trading markets with no filter. This morning Ryan and Michael opened with a significant overnight development: US military forces intercepted Iranian attacks on US destroyers in the Strait of Hormuz, then struck the Iranian military facilities used to carry out the att...

Iran has a week. That is Trump's own timeline for a deal framework. He is flying to Beijing to meet President Xi in seven days and wants this wrapped up before he boards Air Force One. Both sides are now entering the domestic sales phase. The punchy rhetoric from Tehran and Washington is aimed at the evening news in each country, not at each other. Ryan and Michael on why that distinction matters...

Hosts return after a long weekend to discuss markets catching up, the Middle East missile strikes on the UAE, the RBA's third straight rate hike, Trump's tariff threats, yen intervention, and the week's economic calendar including jobs data and UK local elections.

Hosts Ryan and Michael deliver a candid, fast-paced market rundown covering Japan’s yen intervention, central bank confusion at the BOE and ECB, and the latest geopolitical developments in the Middle East. The episode mixes sharp opinion and market context with key data and earnings to watch, offering a lively take on what traders should be monitoring next week.

Ryan and Michael Brown on a Thursday show with the Fed's messiest vote since 1992, a Bank of England decision under impossible circumstances, and four hyperscaler earnings to digest before Apple reports tonight. On the Middle East, Trump posted to Truth Social that Iran cannot get their act together, accompanied by a machine gun meme captioned "No more Mr Nice Guy." US Central Command is briefing...

Ryan and Michael Brown on a Wednesday tape with three big stories and a quiet Middle East. The UAE walked out of OPEC after sixty years, but with one pipeline maxed at one and a half million barrels a day, nothing changes until the Strait reopens. UK gilts squeezed back near five percent on the ten-year, with the gilt-treasury spread blowing from twenty-five basis points to sixty-six. Powell takes...

Ryan and Michael Brown on a Tuesday tape that came in three layers. The Bank of Japan held at 0.75 percent, but three of the nine wanted to hike and the inflation forecast just got rewritten upward.   OpenAI quietly cut its compute target from 1.4 trillion dollars to 600 billion, and the Microsoft deal got revamped into the bargain. And the Middle East stayed quieter than it has done in weeks, whi...

Ryan and Michael deliver a candid market wrap with Clive's technical levels across equities, FX, bonds and commodities. They discuss Middle East diplomacy after Trump cancelled a Pakistan trip, ongoing talks with Iran, and the risks to the Strait of Hormuz and global shipping routes. They also cover the DOJ moving the Powell probe, Kevin Walsh's likely Fed confirmation, a busy week of central bank...

Hosts Ryan and Michael return to Twitter Spaces with tech problems and a candid, no-nonsense discussion covering market updates, Clive Lambert's key levels, and reactions to Middle East headlines. The episode includes a heated rant about ICE extending trading hours, retail sales context, energy and metals moves, and a look ahead to a packed week of central bank decisions.  

The hosts return live to X/Twitter Spaces with a candid market roundup covering S&P and Nasdaq moves, commodities and bond action. They discuss the reported indefinite US–Iran ceasefire, shipping routes, and why equities are rallying on FOMO and strong earnings surprises. UK borrowing, upcoming PMI prints, and why gold remains subdued despite geopolitical risk are also reviewed in this short e...

On this candid Morning Blast episode Ryan and Michael Brown break down the day’s market moves: an extended US–Iran ceasefire, relentless headline whiplash, and rising UK inflation that’s caught traders’ attention. They discuss Kevin Walsh’s Fed nomination and likely policy shifts, commodity and crypto moves (gold, oil, Bitcoin), corporate earnings to watch (Boeing, AT&T, Tesla), and practical...

The hosts cover markets trading cautiously as US-Iran ceasefire talks and geopolitical headlines create headline fatigue, while equities continue a long green streak. They also dissect UK jobs data showing rising economic inactivity, criticize a higher windfall tax on generators, and preview the Fed chair nominee hearing and upcoming US retail sales and German ZEW reports.

On this Friday episode Ryan and Michael recap market action: S&P and Nasdaq highs, key technical levels, bitcoin and commodity moves, and the sector drivers behind the recent rally. They discuss diplomatic developments — Israel-Lebanon ceasefire reports and US‑Iran backchannel talks — and how easing tensions are shaping risk appetite ahead of the weekend. The show also covers the UK political...

Today’s episode covers the market rally as the S&P and other indexes hit record highs amid hopes of a ceasefire and easing geopolitical risk. We break down the surprising UK GDP print, central banks’ cautious stance, commodity vs equity disconnects, and the strange stock-market moment when Allbirds announced a pivot to AI infrastructure.

Hosts Ryan and Michael open the day with a lively Morning Blast featuring a market briefing from Clive: S&P futures push near all-time highs, a risk-on mood across equities and commodities, and oil and gas developments tied to a fragile Middle East ceasefire and potential US–Iran talks. The episode also covers monetary and trade headlines — ECB rate chatter, the upcoming Fed nominee hearing, U...

Ryan and Michael record a candid, live episode covering the S&P’s rebound, the US blockade of the Strait of Hormuz, and market FOMO as equities climb. They break down commodity and bond moves, discuss Germany’s sharp wholesale price spike, and explain how geopolitics is shaping inflation risks.   They also preview the day ahead: US PPI, major bank earnings, and the IMF/World B...

Ryan and Michael deliver their blunt, foul-mouthed market roundup: weekend headlines, technical "gaps galore," and moves in equities, metals and energy as traders react to geopolitical news. The episode focuses on failed US–Iran talks in Pakistan, mixed messages about a Strait of Hormuz blockade and the potential impact on crude flows and prices, plus US CPI context, upcoming earnings season...

Ryan and Michael run through market movers — S&P and Nasdaq gains, commodities updates, and ICE's change to TTF trading hours that could thin liquidity. They preview US CPI and what higher energy prices mean for headline versus core inflation. The hosts also cover a major AI security story around Anthropic's new model, emergency meetings in finance, and the fragile Middle East ceasefire...

Hosts Ryan and Michael kick off the Morning Blast with candid market talk, a roundup of futures levels, and a no-nonsense take on the day’s headlines. They focus on the tenuous Middle East ceasefire and its impact on energy flows, shipping backlogs, LNG and commodity prices, plus second-round effects on fertiliser and industrial supply chains. The episode also previews key US data (Q4 GDP, P...

Ryan and Michael discuss President Trump’s late announcement of a two-week ceasefire and the immediate market reaction: equities rally, energy prices ease, and currencies and bonds shift as traders price lower escalation risk. They caution the truce may be short-lived and highlight the key things to watch—whether the ceasefire holds, progress in peace talks, and the reopening of shippi...

Hosts Ryan and Michael return after a long weekend with a candid market roundup focused on President Trump’s self-imposed deadline for Iran to reopen the Strait of Hormuz, the risk of escalation, and how markets are reacting to stretched headlines and low trading volumes. This episode also breaks down recent US jobs data, commodity moves (especially oil), and the key events to watch this wee...

The hosts give a candid market roundup covering Clive Lambert’s technical levels, President Trump’s national address and its impact on sentiment, crude oil spikes, and central bank commentary from Andrew Bailey. They warn listeners about thin liquidity around Friday’s NFP on a holiday weekend, urge de-risking and squaring positions, and sign off for the extended break.  

Ryan and Michael Brown deliver a candid morning market roundup as risk appetite roars back: equities rally hard, bond yields fall, and crude pulls back, while Clive Lambert’s technical levels frame the move across indices, bonds, FX, metals and energy. They break down why markets are reacting positively to signs that President Trump may be looking for an off-ramp in the Middle East even without re...

Markets close out a turbulent quarter as Middle East conflict, Trump statements and rising oil prices drive volatility across equities, bonds and commodities. Expect continued geopolitical headlines, end-of-quarter flows and key economic data to shape trading as investors weigh risks to energy supplies, safe havens and central bank policy.