EskiSignal
Global market coverage focused on currencies, commodities, non-US indexes, emerging markets, and geopolitical risk that may affect cross-asset sentiment.
FX & Currencies
The Dollar’s Turn: DXY Back Above 100 on a Hawkish Fed
For most of 2026 the dollar was a one-way trade in the other direction, falling on expectations of Federal Reserve...
Emerging Markets
The EM Trade Meets $100 Oil and a Hiking Fed
Emerging markets outperformed the S&P 500 through the first half of 2026, and the explanation offered at the time was...
Commodities
Gold at $4,395 With Yields at 4.85%: A Relationship That Stopped Working
For most of the past two decades, one relationship explained the gold price better than any other: gold falls when...
Commodities
The $102 Diesel Crack: Why Refining Margins, Not Crude, Set Your Grocery Bill
Crude oil gets the headlines. The number that has actually broken records this year sits one step downstream: the US...
Geopolitics & Market Risk
After IEEPA: The Tariff Authorities Washington Is Using Instead
Losing the emergency powers route did not end tariff policy. It changed the plumbing. The replacement authorities are older, narrower...
FX & Currencies
A Weak Dollar Cycle: What a Falling DXY Does Across Asset Classes
Update — 7 October 2026: The dollar downtrend described here reversed in September. After the Fed raised rates on 16...
Commodities
Silver’s Record Run: Industrial Demand, Solar, and the Gold-Silver Ratio
Silver has more than tripled in a year and roughly doubled in 2026 alone. That is a bigger move than...
Commodities
Central Banks Bought a Record 289 Tonnes of Gold Last Quarter
Central banks bought more gold in the second quarter of 2026 than in any quarter on record, and they did...
Emerging Markets
India vs China in EM Funds: What Is Actually Inside Your Index
An emerging markets fund is not a bet on emerging economies. It is a bet on a specific, rapidly changing...
Emerging Markets
Why Emerging Markets Are Beating the S&P 500 in 2026
Emerging market equities are having their best year against US stocks in more than a decade. The gap is wide...
