The Temperature Rises, Markets Keep Their Cool
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The Temperature Rises, Markets Keep Their Cool
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In this 100th episode of Street Signals, a theme ever-present throughout its two-year history comes to the fore once again: the ability of financial markets to come to grips with and move past seemingly implacable uncertainty. Q2 2025 alone provided what felt like a decade's worth of seismic and (theoretically) negative shocks to sentiment, yet equity markets have recovered quickly and are poised to push to new all-time highs, while many traditional safe haven currencies are on the back foot. This week, Peter Vincent, head of FX trading in EMEA for State Street Markets and a podcast regular, returns to offer his thinking on why markets remain so resilient in the face of such risks, whether the US growth outlook is poised to deteriorate and his outlook for currencies in the coming months.
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