PiQ Morning Blast

Ryan and Michael deliver a fast, opinionated market roundup covering UK GDP that beat expectations largely due to Jaguar Land Rover's production rebound, parabolic moves in silver and gold, and broader equity, FX and bond action. They unpack data distortions, construction weakness, U.S. retail strength, and geopolitical headlines, and preview a pivotal UK data week ahead.

Ryan and Michael deliver a raw, uncut market update covering record-breaking moves in gold, silver and base metals, plus Treasury and dollar swings following US inflation data. They debate Trump’s calls on Fed policy and rate caps, review JP Morgan’s mixed earnings and UK fiscal pressures, and unpack CME’s push into retail futures. Episode closes with a look ahead at upcoming US data, bank reports...

Hosts Ryan and Michael recap a volatile trading day after news of DOJ subpoenas to the Fed, Powell's defiant response, an initial sell-off across U.S. assets and a quick market rebound with record highs in the S&P. They discuss Japan’s likely snap election under the new prime minister, the implications for stimulus, the yen and possible Bank of Japan/Ministry of Finance action. They also cover...

This episode covers the dramatic escalation between the White House and the Federal Reserve after the DOJ served a grand jury subpoena to the Fed, and Chair Powell’s rare, direct video response defending Fed independence. Hosts also review the weekend and Friday market moves, dissect the December jobs report (including why healthcare hiring masks weakness elsewhere), and preview key events this we...

Ryan and Michael recap a quiet trading day and break down the big events to watch: the December US nonfarm payrolls, a possible Supreme Court ruling on IEPA tariffs, and market-moving headlines including Trump’s MBS order and renewed Glencore–Rio Tinto merger talks. They also debate the Bank of England’s policy stance and the risk of a policy error as UK growth stalls, and offer context on data re...

Hosts Ryan and Michael dive into market moves, eurozone inflation surprises, and geopolitical noise around Venezuelan oil and a curious tanker. They debate the merits of ADP versus NFP jobs data, discuss potential tariff rulings and market implications, and preview key economic releases for the day. Expect frank banter, live recording authenticity, and a mix of market insight with offbeat humour.

Hosts Michael and Ryan riff through the latest market moves, unpacking Venezuela’s political drama and why markets largely shrugged it off, with energy and precious metals the main movers. They also criticise the Dow’s price-weighted flaws, preview today’s PMI and inflation data, and discuss Tesla’s UK sales slump as BYD gains ground — a quick, candid market roundup with banter.

Hosts Ryan and Michael unpack the weekend's dramatic U.S. operation in Venezuela — from Maduro's arrest to the complex reality of Venezuelan oil, infrastructure needs, and geopolitical consequences. They also cover market reactions, key economic data, and the week ahead, delivering a mix of market insight and lively debate.

Hosts Ryan and Michael deliver a lively year-end market roundup covering risk-on rallies, major central bank decisions (BoE rate cut, ECB pause, BoJ hike), a soft US CPI print with collection quirks, UK retail weakness, and big headlines from TikTok, OpenAI, Trump, NVIDIA and major debt issuance plans. The episode closes with year-end cautions about thin trading, festive sign-offs, and thanks to l...

The hosts deliver a fast-paced, irreverent market roundup with humour and strong language, covering equity moves, key central bank decisions, and big tech headlines. Topics include Trump’s speech and military bonus, Micron’s earnings, OpenAI and AI funding rumours, Oracle’s data centre drama, commodity moves, and upcoming BOE/ECB/BoJ policy decisions and US CPI—their take on what to watch next.

Hosts Ryan and Michael deliver a candid, live market roundup covering the latest UK inflation surprise, expectations of Bank of England rate cuts, and weakening US jobs data that may push the Fed toward cuts. They also discuss commodity moves, corporate headlines, and major tech stories like OpenAI and Apple. Expect blunt commentary, market levels from Clive Lambert, upcoming data and Fed speakers...

A candid, irreverent market roundup covering UK jobs weakness, the US November payrolls preview, Fed chair speculation, and major corporate news including Ford’s $19.5B EV charge. The hosts warn about thin year-end trading, review commodities and tech moves, and discuss crypto, exchanges and macro headlines to watch before the holidays.

Ryan and Michael deliver a live, unscripted market roundup covering Friday’s equity wobble, AI-related earnings and supply concerns, and key overnight headlines including SpaceX IPO chatter, iRobot bankruptcy and geopolitical developments. The episode also previews a busy week of central bank decisions and economic data—BOJ policy, UK and US indicators—and warns listeners about t...

Hosts Ryan and Michael deliver a rapid Friday morning market roundup: U.S. futures and several commodities hit record highs, UK GDP shows renewed contraction, and the Fed moves to safeguard regional bank appointments. Highlights include big moves in metals and energy, Oracle’s sharp drop and Larry Ellison’s losses, Disney’s tie-up with OpenAI, Rivian’s AI chip plans, and regulatory and policy shif...

Ryan and Michael recap the FOMC's 25 basis point cut, the committee's more data-dependent guidance and the Fed's short-term Treasury purchases (not F*CKING QE). Markets briefly rallied then pulled back as the dollar weakened; metals and commodities saw mixed moves while Oracle's results hit tech stocks after hours. Other headlines include Bank of Canada and SNB holds, BOJ rate expectations, Mexico...

Hosts Ryan and Michael preview the day’s markets and major events, with the Federal Reserve meeting the clear focus and a widely expected 25 basis point rate cut. The episode covers market technicals, commodities rallying (notably silver and copper), and key macro drivers including labour data and trade headlines. They also discuss geopolitical and tech developments — from NVIDIA&rsquo...

Hosts Michael and Ryan riff through yesterday's thin, holiday-season markets — bond sell-offs, mixed commodities, and rising dollar — while previewing the big event: the upcoming FOMC meeting and Chair Powell's press conference. They also discuss US-China tech trade (NVIDIA chips), AI policy moves, geopolitical tensions in Asia, and corporate M&A noise, delivering a lively, candid...

Ryan and Michael run through the weekend and Friday market moves, from Clive Lambert’s futures update and commodity all-time highs to surging buybacks, SpaceX IPO chatter and Netflix’s big acquisition. They cover surprising Canadian jobs data, central bank jawboning and key corporate headlines. Looking ahead they preview a busy week focused on the FOMC decision and dot plot, several ce...

Hosts Ryan and Michael kick off a casual, candid Friday morning episode with hangover humour and rapid-fire market talk. They recap a quiet market session, recent economic data and lively headlines from politics and tech. Key topics include surprisingly low US jobless claims, expectations of a BOJ rate hike, proposed US limits on NVIDIA chip sales to China, Meta’s metaverse cuts, Google’s Gemini r...

Hosts Ryan and Michael deliver a lively morning briefing covering market moves, key economic data and headline news. They discuss sterling's rally driven by dollar weakness and technical flows, mixed US macro prints (ADP and ISM), and market action across equities, commodities and bonds. Other highlights include the Tunbridge Wells water crisis and on-air rant, Nvidia's talks on export controls an...

Hosts Ryan and Michael deliver a candid, fast-paced Morning Blast covering market moves, political headlines and corporate news. The episode blends humour with sharp analysis as they review equity and commodity action, central bank chatter and key economic data. Highlights include discussion of President Trump’s comments on the next Fed chair, China’s soybean buying, Bitcoin and precio...

Hosts Ryan and Michael deliver a candid live recap of yesterday’s market action, key futures levels, and what to watch in today’s trading — from S&P pauses to commodity breakouts. They discuss UK political fallout including the OBR chief’s resignation and potential US–UK pharma trade impacts, plus global headlines on rare earths, energy and macro data like the ISM PMI. The episode rounds out w...

Hosts Ryan and Michael deliver a candid morning roundup covering last week’s market moves and the weekend’s headlines. They discuss the CME outage and thin trading, the UK budget controversy around Rachel Reeves and the OBR, and key price action in S&P, DAX, Bitcoin, gold and silver. The episode also covers global developments — BOJ rate hints, Micron’s investment in Japan, US consumer spendin...

Hosts Ryan and Michael review a chaotic Friday session where a CyrusOne data‑centre cooling issue halted CME futures and affected FX platforms, leaving liquidity thin during the Thanksgiving weekend. They critique the UK budget as uninspiring — spending pushed forward while tax rises are back‑loaded and politically uncertain — and highlight fall‑out risks for the housing market. Other key takeaway...

Hosts Ryan and Michael recap recent market moves and deliver a focused analysis of the UK Budget, outlining a "smorgasbord" of tax increases (income tax threshold freezes, salary-sacrifice changes, council tax revaluation and a mansion tax, EV pay‑per‑mile, tourist and gambling levies) alongside selected spending measures. They explain the likely fiscal shortfall, OBR downgrades, borrowing plans a...