Low put/call ratio signals short-term caution but broader bull trend remains intact
High equity allocations suggest stretched positioning and a possible summer consolidation
UK election likely to drive short-term sterling volatility, not lasting trend
UK consumer confidence rebounds but spending remains constrained by essentials inflation
UK inflation likely to edge higher but energy cap limits upside risks
UK data surprises higher but underlying weakness remains
Yen Weakness Triggers FX Doom Loop Risks and Raises Intervention Prospects
US TGA liquidity drain pressures markets but likely to reverse into election support
