The US dollar begins 2025 with its weakest start since 1973 while the Swiss franc approaches its 2011 high of 1.3125 against the dollar. Each week, the Syz investment team takes you through the last seven days in seven charts.
Circle’s rapid rise as a stablecoin issuer, highlighted by a record-breaking IPO and expanding institutional adoption, mirrors a broader shift toward regulated digital finance. The GENIUS Act, passed in June 2025, reinforces this momentum by introducing strict standards for transparency, reserves, and consumer protection, positioning stablecoins as core components of the future financial system.
ETF inflows surge, Nvidia reclaims top spot, and is Google leading the AI race? Each week, the Syz investment team takes you through the last seven days in seven charts.
Slow food for thought
Insights and research on global events shaping the markets
Circle’s rapid rise as a stablecoin issuer, highlighted by a record-breaking IPO and expanding institutional adoption, mirrors a broader shift toward regulated digital finance. The GENIUS Act, passed in June 2025, reinforces this momentum by introducing strict standards for transparency, reserves, and consumer protection, positioning stablecoins as core components of the future financial system.
Straight from the Desk
Syz the moment
Live feeds, charts, breaking stories, all day long.
Fast food for thought
Insights and research on global events shaping the markets
The US dollar begins 2025 with its weakest start since 1973 while the Swiss franc approaches its 2011 high of 1.3125 against the dollar. Each week, the Syz investment team takes you through the last seven days in seven charts.
Major U.S. stock indexes finished the holiday-shortened week higher. Small-caps index Russell 2000 outperformed (+3.5% over the week) followed by the Dow Jones (+2.3%). Both the S&P 500 and Nasdaq indices closed at all-time highs for the second week in a row. Much of the focus during the week centered around the progress of the Trump administration’s “Big Beautiful Bill”, which was narrowly passed by the Senate on Tuesday and by the House of Representatives on Thursday afternoon. Trade-related headlines also continued to flow during the week, with President Trump announcing a trade deal with Vietnam on Wednesday and making comments around negotiations with several other trade partners ahead of the upcoming July 9 tariff deadline, when the 90-day pause on reciprocal tariffs is expected to end.
Crypto corner
A monthly deep dive into crypto assets
AI Insights
Hand-curated selection of the latest developments in the AI world
Investing with intelligence
Our latest research, commentary and market outlooks