41:I[185,["/_next/static/chunks/08z4tkzvltetr.js","/_next/static/chunks/121~yigv24_j6.js","/_next/static/chunks/0jo3du-icy6v2.js","/_next/static/chunks/15cy49d~_zsjj.js","/_next/static/chunks/0..ktetnpeix7.js","/_next/static/chunks/0_htf5~kl..m1.js","/_next/static/chunks/0i6hzvr84kc1r.js"],"SendEmailButton"] 47:I[45269,["/_next/static/chunks/08z4tkzvltetr.js","/_next/static/chunks/121~yigv24_j6.js","/_next/static/chunks/0jo3du-icy6v2.js","/_next/static/chunks/15cy49d~_zsjj.js","/_next/static/chunks/0..ktetnpeix7.js","/_next/static/chunks/0_htf5~kl..m1.js","/_next/static/chunks/0i6hzvr84kc1r.js"],"SignupCTA"] 3b:["$","div",null,{"className":"flex flex-wrap items-center gap-x-4 gap-y-1 font-mono text-[12px] uppercase tracking-[0.1em] text-[color:var(--fg-3)]","children":[["$","time",null,{"dateTime":"2026-03-25T13:48:51.000Z","children":"March 25, 2026"}],["$","span",null,{"aria-hidden":true,"children":"·"}],["$","span",null,{"children":"00:23:37"}],false]}] 42:T50c,

Trading Global Macro Podcast – Ep. 21

In this episode of the Trading Global Macro Podcast from StoneX, Matt Weller and John Kicklighter examine how the escalating US-Iran conflict and the closure of the Strait of Hormuz are reshaping the global macro outlook for 2026.

The conversation focuses on one of the biggest questions facing markets right now: are central banks done cutting rates, and could some be forced to turn more hawkish again? Matt and John break down the inflation implications of rising energy prices, the risk of broader supply-chain pass-through effects, and why policymakers may be increasingly concerned about keeping inflation expectations anchored.

They also explore:

🔷Why oil and fertilizer disruptions matter for inflation

🔷How the Bank of England, ECB, Fed, RBA, and BOJ compare on the hawk-dove spectrum

🔷Why markets have shifted from pricing rate cuts to considering possible hikes

🔷The growing tension between inflation risks and slowing economic activity

🔷What this means for FX, fixed income, equities, and broader risk sentiment

Be sure to like, subscribe, and follow for weekly insights into the global forces driving FX, equities, commodities, interest rates, and more.

43:Tb79,