PiQ Morning Blast

Morning Blast - 14th April: Markets Rally, Hormuz Blockade & Lagarde Pushes Back

Ryan and Michael record a candid, live episode covering the S&P’s rebound, the US blockade of the Strait of Hormuz, and market FOMO as equities climb. They break down commodity and bond moves, discuss Germany’s sharp wholesale price spike, and explain how geopolitics is shaping inflation risks.
 
They also preview the day ahead: US PPI, major bank earnings, and the IMF/World Bank spring meetings with central bank speakers to watch, while keeping their usual irreverent, unedited commentary.

Morning Blast - 13th April: Gaps Galore - Markets React to Failed Iran Talks and Oil Spike

Ryan and Michael deliver their blunt, foul-mouthed market roundup: weekend headlines, technical "gaps galore," and moves in equities, metals and energy as traders react to geopolitical news.
The episode focuses on failed US–Iran talks in Pakistan, mixed messages about a Strait of Hormuz blockade and the potential impact on crude flows and prices, plus US CPI context, upcoming earnings season and key events at the IMF/World Bank spring meetings.
 

Morning Blast - 10th Apri: CPI, Claude's Security Shakeup & TTF's New Hours

Ryan and Michael run through market movers — S&P and Nasdaq gains, commodities updates, and ICE's change to TTF trading hours that could thin liquidity. They preview US CPI and what higher energy prices mean for headline versus core inflation.
The hosts also cover a major AI security story around Anthropic's new model, emergency meetings in finance, and the fragile Middle East ceasefire affecting oil flows and shipping, all delivered with candid banter and practical takeaways.
 

Morning Blast - 9th April: Ceasefire, Energy Flows and Market Levels

Hosts Ryan and Michael kick off the Morning Blast with candid market talk, a roundup of futures levels, and a no-nonsense take on the day’s headlines.
They focus on the tenuous Middle East ceasefire and its impact on energy flows, shipping backlogs, LNG and commodity prices, plus second-round effects on fertiliser and industrial supply chains.
The episode also previews key US data (Q4 GDP, PCE, jobless claims), a 30-year Treasury auction, and what traders and policymakers should watch next.
 

Morning Blast - 8th April: Ceasefire Ripple - Markets Breathe as Hormuz Calms

Ryan and Michael discuss President Trump’s late announcement of a two-week ceasefire and the immediate market reaction: equities rally, energy prices ease, and currencies and bonds shift as traders price lower escalation risk.
They caution the truce may be short-lived and highlight the key things to watch—whether the ceasefire holds, progress in peace talks, and the reopening of shipping through the Strait of Hormuz—while noting the remaining logistical and infrastructure hurdles that could delay normal energy flows.
Also covered: market technical levels from Clive Lambert, the data and events to watch (Eurozone PPI and retail sales, a US 10-year auction, FOMC minutes), and how geopolitics will likely dominate price action in the near term.
 

Morning Blast - 7th April: Deadline at Dusk - Trump’s Strait of Hormuz Ultimatum Rocks Markets

Hosts Ryan and Michael return after a long weekend with a candid market roundup focused on President Trump’s self-imposed deadline for Iran to reopen the Strait of Hormuz, the risk of escalation, and how markets are reacting to stretched headlines and low trading volumes.
This episode also breaks down recent US jobs data, commodity moves (especially oil), and the key events to watch this week including central bank updates, US Treasury auctions, Fed minutes and upcoming inflation reads.
 

Morning Blast: - April 2nd: Markets Turn Risk-Off After Trump’s National Address

The hosts give a candid market roundup covering Clive Lambert’s technical levels, President Trump’s national address and its impact on sentiment, crude oil spikes, and central bank commentary from Andrew Bailey.
They warn listeners about thin liquidity around Friday’s NFP on a holiday weekend, urge de-risking and squaring positions, and sign off for the extended break.
 

Morning Blast - 1st April: Risk-On Reversal, Trump’s Off-Ramp & PMI Day

Ryan and Michael Brown deliver a candid morning market roundup as risk appetite roars back: equities rally hard, bond yields fall, and crude pulls back, while Clive Lambert’s technical levels frame the move across indices, bonds, FX, metals and energy.
They break down why markets are reacting positively to signs that President Trump may be looking for an off-ramp in the Middle East even without reopening the Strait of Hormuz, discuss what that could mean for oil flows, inflation and growth, and preview today’s key catalysts including PMI data, eurozone unemployment, ADP, US retail sales, Keir Starmer’s press conference and Trump’s overnight address.

Morning Blast - 31st March - End-of-Quarter Shockwaves -Markets React to Middle East Escalation

Markets close out a turbulent quarter as Middle East conflict, Trump statements and rising oil prices drive volatility across equities, bonds and commodities.
Expect continued geopolitical headlines, end-of-quarter flows and key economic data to shape trading as investors weigh risks to energy supplies, safe havens and central bank policy.
 

Morning Blast - 30th March: Day 30 in the Thunderdome

Hosts Ryan and Michael Brown deliver a candid market roundup as the Middle East conflict enters day 30, driving energy-driven volatility across equities, bonds, and commodities. They recap technical moves, commodity reactions (Brent, aluminium, gold), and the impact of month-end flows.The episode previews a busy week of data and events — Fed Chair Powell's remarks, German and Eurozone inflation, PMI and ISM prints, and Friday's U.S. payrolls — and explores how geopolitical risks, inflation, and growth concerns could shape markets.