🌍 Weekly Macro Market Round-Up (Simple Overview) This week the markets were heavily driven by: - rising US Treasury yields, - inflation fears, - Iran/oil tensions, - and a sudden shift toward a more hawkish Federal Reserve. Here’s the simple breakdown 👇 🇺🇸 US Treasury Yields Spike This was arguably the biggest macro story of the week. - US 10Y yields pushed toward 4.7% - US 30Y yields moved above 5% (highest since 2007) Markets became increasingly worried about: - sticky inflation, - rising oil prices, - huge government debt, - and the possibility the Fed may keep rates higher for longer. This tightened liquidity globally. 🏦 The Fed Turns More Hawkish Earlier this year markets expected: rate cuts. Now Fed officials are openly discussing: - staying higher for longer, - and potentially even future hikes if inflation worsens. This strengthened: - the US dollar,while putting pressure on: - gold, - Bitcoin, - and risk assets. 🛢 Iran & Oil Shock Fears Geopolitical tensions remained elevated all week. Markets focused heavily on: - Iran tensions, - Strait of Hormuz risks, - and fears of energy supply disruption. Oil prices stayed elevated: - Brent crude near ~$105–110 at stages. Markets fear: higher oil = inflation returning again. 🟨 Gold Under Pressure Despite geopolitical tension: gold sold off short-term. Why? Because: - rising Treasury yields, - tighter liquidity, - and a stronger dollarbecame the dominant market driver. Gold is currently trapped between: - safe-haven demand,VS - higher-for-longer interest rates. ₿ Bitcoin Weakens Bitcoin also came under pressure this week. BTC fell toward: - ~$76k–$77k at stages. Main reasons: - rising bond yields, - tighter liquidity, - stronger USD, - and ETF outflows. Short-term:BTC is still behaving like: a liquidity-sensitive asset. 🇯🇵 Japan & BOJ Japan remained a huge macro story. Markets increasingly expect: - another BOJ rate hike, - as Japan slowly exits ultra-loose monetary policy.

If you trade the currency markets and followed my post last week, you’ll remember I mentioned buying GBPCAD. Since then, the pair has moved over 200 pips to the upside 📈 If you caught that move — congratulations. Solid trading and disciplined execution. This week has been heavily driven by: - shifting central bank expectations, - softer Canadian inflation, - and broader USD / bond-market volatility. A good reminder that understanding macro fundamentals alongside technicals can make a huge difference in these markets.

This week has probably been one of the most macro-significant trading weeks of 2026 so far. And honestly…bond markets quietly became the center of the story. Most people focused on: - headlines - war tensions - Bitcoin - gold - or politics …but underneath the surface, markets were reacting to one major realization: inflation may be far more persistent than central banks hoped. We saw: - hotter CPI - hotter PPI - rising oil prices - and US Treasury yields spike aggressively. That immediately changed market expectations around the Fed. Markets are now increasingly pricing: “higher for longer.” And that changed everything. US Treasury yields surged this week as bond markets started demanding higher compensation to lend money into a world with: - sticky inflation - massive sovereign debt - geopolitical instability - and structurally tighter liquidity. The 30-year Treasury moving above 5% again is a major macro signal. Because bond markets are effectively saying: “The cost of maintaining this system is rising.” At the same time: - Iran tensions pushed oil prices sharply higher - the US dollar strengthened aggressively - EUR/USD and GBP/USD weakened - while gold and Bitcoin both sold off. This confused a lot of people. But short-term macro moves are often driven by: - liquidity - bond yields - and dollar strength. And right now: - rising yields - stronger dollar - and tighter financial conditionsare pressuring: - gold - Bitcoin - and risk assets. Japan also became a huge story this week. The BOJ discussing rate hikes and stepping into currency intervention matters enormously because Japan has been one of the biggest providers of cheap global liquidity for decades. Now even Japan is being forced to react to: - inflation pressure - rising oil prices - and yen weakness. That’s a very important global shift. Personally… I don’t think this week was about: “imminent collapse.” I think it was the market beginning to realise:

Please remember this is not financial or trading advice. This week was a huge reminder of why macro matters. Markets weren’t just reacting to headlines…they were reacting to a combination of: - sticky inflation - geopolitical instability - rising oil prices - and tightening global liquidity. We saw: - hotter CPI - hotter PPI - continued Iran tensions - and even Japanese currency intervention as the BOJ tries to defend the yen and manage inflation pressure. That’s important because Japan has been one of the biggest sources of cheap global liquidity for decades. Now even Japan is being forced to react. At the same time, US Treasury yields spiked aggressively as bond markets started demanding higher compensation to lend money into a world with: - massive sovereign debt - persistent inflation - geopolitical uncertainty - and structurally higher rates. As yields rose: - the dollar strengthened, - GBP/USD and EUR/USD weakened, - while gold and Bitcoin both sold off. This confused a lot of people, especially with war tensions rising. But short-term macro moves are often driven by: - liquidity, - bond yields, - and dollar strength. And right now markets are increasingly pricing: “higher for longer.” Personally, I don’t think this week was about: “imminent collapse.” I think it was the market beginning to realise: the era of easy money may genuinely be ending. Because the modern system became built around: - cheap debt - low rates - and endless liquidity. And bond markets this week quietly reminded everyone: higher rates eventually create pressure somewhere in the system. I… SOLD GOLD AND BITCOIN (with gains) SOLD GBPUSD (with gains) SOLD AUDUSD (with gains) FRIDAY I BOUGHT GBPCAD TO HOLD FOR A WHILE. Next week I might consider buying gold.

Good morning from all the way from Mexico! 🇲🇽❤️🇲🇽 Why is gold falling… during a war? At first glance, it doesn’t make sense. You’ve got rising tensions around the Strait of Hormuz, oil prices moving higher, and clear geopolitical risk. Normally, that should push gold up. But instead, gold dropped. Here’s what’s actually happening. The market isn’t just reacting to the conflict — it’s reacting to what the conflict is causing. Oil rises → inflation concerns increase Inflation increases → central banks stay higher for longer Higher rates → stronger dollar Stronger dollar → pressure on gold So even though uncertainty is rising, gold is being held down by interest rates and dollar strength. This is why you can’t just trade the headline. It’s not the event that matters — it’s the chain reaction behind it. P – Price rejected higher levels and sold off A – Inflation and rates are outweighing the safe haven demand D – No reason to chase longs here, and any move up needs confirmation Gold isn’t weak because risk is low. It’s under pressure because the market believes rates are staying higher for longer. That’s the real driver right now.