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Edward Markus

Founder & Chief Economist

Edward Markus, our Chief Economist, embarked on his journey in the field of economics at the Free University of Amsterdam, where he earned his degree. Following his academic pursuits, Edward dedicated several years to refining his expertise within leading financial institutions across Europe and the United States, excelling in roles as both an investor and analyst. He is renowned for his authoritative macroeconomic analyses of global financial markets, with a special focus on the intricate dynamics of interest rates and currency movements.

Edward's profound insights have not only earned him widespread recognition but also frequent invitations to share his expertise through various media platforms in the Netherlands and internationally. He is a consistent voice in Het Financieele Dagblad, a premier Dutch finance newspaper, and makes regular appearances on Radio 1 and BNR, in addition to contributing to numerous finance-focused blogs. His bilingual fluency in Dutch and English enhances his ability to communicate complex economic concepts clearly and effectively.

Recent Publications

Inflation, stagflation or deflation

Thursday, 02 July 2026

It is striking how differently economists and analysts view the implications of the Iran deal and the rise of AI for economic growth and inflation. If we look at the charts for gold, the yield curve, the S&P 500 and the dollar index, the markets’ expectations are quite clear. In this report, we examine what these market expectations are, how we view them, what role China’s rise plays in this context, and what this means for key interest rates and exchange rates.
 

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Gold: Long-term bull market, short-term headwinds

Monday, 29 June 2026

Structural forces continue to support gold prices, but we believe the current correction phase has further to run.

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US dollar on the rise

Thursday, 25 June 2026

Tensions in the Middle East have eased considerably of late, causing the price of oil to fall sharply. The European economy is benefiting relatively more from this than the US economy, which is positive for EUR/USD. Recently, however, the dollar has been strengthening and EUR/USD has been falling. This report examines how this is possible and what the outlook is for EUR/USD and other major currencies.

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