From January to June 2022, the Federal Reserve increased the key policy rate by 150 basis points (bps) and GlobalData predicted that the Fed’s further rate hike of 75 bps in July
By Craig Erlam It’s been quite the 24 hours in financial markets, one I feel many will be trying to work out for many weeks to come. The Fed on Wednesday raised
By Jeffrey Halley You had the feeling that Wall Street, with perpetually itchy buy-button trigger fingers, was primed for this FOMC. As expected, the FOMC raised the Fed Funds target by 0.75%,
By Jeffrey Halley After what seems like an interminable wait, we are finally at FOMC day. Markets have baked another 75 basis points into their loaves of bread, but it’s going to
By Jeffrey Halley Markets were quiet overnight ahead of a deluge of tier-1 earnings, data, and the US FOMC policy decision over the rest of the week. Equities, currencies, oil and precious
More than half of retail investors are planning to buy more stocks before the end of 2022, according to a recent survey, with a leading advisor calling for caution and to avoid
By Craig Erlam A quiet start to what will otherwise be a lively week in financial markets, with particular focus on the US as the Fed meets Wednesday and big tech report
A leading crypto exchange, Crypto.com, has obtained an operating license in Cyprus as it seeks expansion in Europe. The Singapore-based exchange announcing the move said the license means the exchange can now
By Jeffrey Halley This month has dragged on and seems to be lasting forever, with the US FOMC policy meeting falling at the end of the month, instead of its usual mid-month
By Jeffrey Halley Volatility was the winner overnight, with a multitude of data points and events leaving market price action messier than a teenager’s bedroom. The European Central Bank surprised markets by
