By Craig Erlam We saw very mixed trade on Thursday, with the Nasdaq making strong gains of more than 1.5%, the Dow and S&P treading water, and Europe mostly in the red.
The US Federal Reserve is likely to pause interest rate hikes in June, which will be welcomed by markets, according to the CEO and founder of leading financial advisory and fintech deVere
By Craig Erlam It’s been a tough trading day, with UK inflation data sending worrying signals, while the RBNZ seemed to declare ‘job done’ in its inflation battle. The headline UK inflation
By Craig Erlam Equity markets were broadly lower on Tuesday as traders monitor debt ceiling talks in Washington, take note of new IMF forecasts, and hear fresh warnings from the Saudi Energy
By Lukman Otunuga, Senior Research Analyst at FXTM Asian markets gave up earlier gains on Tuesday as investors adopted a cautious stance after US debt ceiling negotiations ended “productive talks” without a
By Jameel Ahmad, Chief Analyst at CompareBroker.io From an economic data perspective, the main focus on Tuesday is the flash PMI readings from across Europe. The looming shadow in the background is
DBRS Morningstar Analysis The New Democracy Party (ND), led by Prime Minister Kyriakos Mitsotakis, won 146 out of 300 seats in Greece’s general election on Sunday. This is five seats short of
Stock markets could experience a rally this week as investors look for clues on the US Federal Reserve’s policy path on interest rates, but caution is still required, said the CEO of
By Jameel Ahmad, Chief Analyst at CompareBroker.io Expect the last full trading week of May to be dominated by nothing but US debt ceiling updates. This is the drum that I would
By Moody’s Analytics U.S. homebuilding has found a floor following an almost year-long slide in building activity. Total housing starts ticked higher in April, climbing 2.2% to 1.4 million annualized units. Multifamily
