Markets - Page 23

Major boost for ECB, but still a long way to go

By Craig Erlam European stock markets were performing well at the end of the week after spending much of the past days in the red on the back of fresh interest rate

29th September 2023

Markets/World

Promising inflation data ahead of Friday’s eurozone HICP

By Craig Erlam Another mixed session in Europe on Thursday with US stocks pointing to a similar open on Wall Street despite some promising inflation figures from the euro area. While the

28th September 2023

Markets/World

MOODYS: Turkey accelerating monetary tightening is positive

On 21 September, the Central Bank of Turkiye (CBRT) raised its policy rate by 500 basis points (bp) to 30%, following a larger-than-expected 750bp increase in August and a more moderate pace

28th September 2023

Comment/Markets

Markets flat as dust settles amid central bank meetings

By Craig Erlam Equity markets are pretty flat in the middle of the week, struggling to pick themselves up off the floor as investors worry about higher-for-longer interest rates and the economy.

27th September 2023

Markets/World

World’s five youngest moguls hold $12.3 bln

The world’s five youngest billionaires, at an age when many are still building their careers, have already amassed a staggering fortune that places them among the most influential figures in global business.

26th September 2023

International/Markets/World

Aussies top online sports betting at $1,300 per user

Australians top the world chart of biggest spenders in the sports betting industry, with an average revenue per user of $1,300, nearly four times more than the global average, according to a

26th September 2023

Markets/World

BoE must stop, not just pause rate hikes

The Bank of England’s recent decision to pause interest rate hikes has been met with relief, but it should go further and stop hikes altogether, warned the CEO of a leading independent

22nd September 2023

Markets/World

Surprisingly dovish BoE, another rate hike possible

By Craig Erlam We’re seeing plenty of different approaches from central banks as they wrap up their tightening cycles, with the Bank of England on Thursday surprising with a hold, while not

21st September 2023

Markets/World

Markets heed hawkish Fed

By Han Tan, Chief Market Analyst at Exinity Group Risk sentiment was forced to turn lower as the Federal Reserve delivered its higher-for-longer messaging to markets, projecting fewer-than-anticipated rate cuts for 2024.

21st September 2023

Markets/World

BoE decision a coin toss after encouraging inflation report

By Craig Erlam Everyone at the Bank of England undoubtedly breathed a collective sigh of relief on Wednesday, joining the rest of us, as inflation subsided much more than expected in August.

21st September 2023

Markets/World