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Global Markets on Edge: Tariffs, Stagflation Fears & Record Yields | Macro Mondays | REPLAY

Onyx Capital Group

This episode of Macro Mondays aired live at 12:30pm BST on Monday, the 27th of May, 2025. 

Join James Brodie and James Todd , LIVE 12:30 BST, as they break down the biggest financial market moves and what’s coming next!
 
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Key topics today:
✅ US Under Pressure: 30-year bonds hit 5.15% as fiscal concerns mount.
✅ Japan’s Bond Market Chaos: 40-year yields at a 20-year high, poor JGB auctions, and inflation rising to 3.5%—is Japan the next Greece?
✅ Tariff Shockwaves: Trump threatens 50% tariffs on Europe and 25% on Apple.
✅ Recession Signals?: US Leading Economic Index posts biggest drop since March 2023
✅ Supply Chain Alert: Shanghai–US shipping rates skyrocket 4x in a month
✅ Global Central Bank Moves: RBA cuts rates amidst recession fears; China trims Loan Prime Rates; BoE faces hotter-than-expected inflation.
✅ Europe’s Economic Weakness: Disappointing PMIs, falling PPI in Germany, and soft CPI in France.
✅ Market Trends: S&P stalls, Apple down 25% from highs, Brent struggles below $69, and Bitcoin aims for $112,000.
 
📊 Key data releases this week:
📅 Wednesday– France and Germany unemployment, FOMC minutes
📅 Thursday - Jobless claims, pending home sales
📅 Friday – Tokyo CPI, German CPI, US PCE index, University of Michigan consumer sentiment
 
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Chapters in this episode are:

0:00 Introduction

1:04 US debt biggest risk to market?

2:50 Japan 40-year yield highest in 20 years

4:05 JGBs tough 3.20% before falling

4:55  US LEI sees largest decline since March 2023

6:20 US 2s/10s curve continues steepening

7:40 China cuts Loan Prime Rate by 10bps

8:33 France May CPI +0.7% YoY (+0.9% last)

10:28 S&P cannot make new highs

12:36 AAPL 25% off highs

15:07 RBA cut 25bp

16:08 UK inflation in April jumped to 3.5% (est. 3.3%)

17:14 Gold trend channel resistance

19:45 Brent struggles below $69

21:58 Gasoline Arb 

24:32 Central Bank: OIS pricing for the next 12 months

25:38 Bitcoin trends effortlessly higher

26:39 Key data releases this week


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