Powell uses the ‘R-word’

By Jeffrey Halley   Federal Reserve Chairman Jerome Powell’s semi-annual testimony on Capitol Hill was the centre of attention overnight. Speaking to Congress on Wednesday, Powell finally dispensed with soft landings, describing them

/

Don’t get too excited by bear rallies

By Craig Erlam European stock markets are falling heavily again on Wednesday, reminding us once more why we shouldn’t get excited by the bear-market rallies. There’s a desperation to add substance to

/

Gone in 60 seconds

By Jeffrey Halley   ‘Gone in 60 Seconds’ was a 2000 movie with Nicholas Cage stealing 50 high-end cars in three days. It is actually a remake of my favourite 1974 version, where

/

Steady start to the week

By Craig Erlam European stocks are making steady gains on Monday, recovering a small portion of last week’s heavy losses as economic concerns mounted. There’s been a shift in the market mindset

/

More and more of the ‘R’ word

By Jeffrey Halley   The “R” word is being used more and more as recessionary winds start blowing loudly through economic data and the price actions across the asset class spectrum. On Friday,

/

A week to remember

By Craig Erlam I think we all earned a weekend break in the sun after a quite extraordinary week in the markets that saw plenty of central bank action, even from those

/

Markets crippled by inflation fears

By Lukman Otunuga, Senior Research Analyst at FXTM Another wave of risk aversion engulfed markets Tuesday morning after Wall Street closed in a bear market overnight and Treasury yields jumped to levels

/