Markets - Page 70

Markets fluctuate ahead of ECB

By Craig Erlam Stock markets endured another negative day on Wednesday in Europe as investors await Thursday’s hotly-anticipated ECB meeting. Much like the other two days this week, it’s hard to read

9th June 2022

Markets/World

A target on your back

By Jeffrey Halley With a dearth of heavyweight data this week until Friday’s US CPI, we are likely to experience choppy trading, driven by swings in sentiment and headlines hitting the news

8th June 2022

Markets/World

Pound faces ‘perfect storm’ despite Johnson win

The British pound – already showing ‘emerging market’ traits – faces a difficult time ahead amid political storms in the UK, warned a leading independent financial advisor and fintech CEO. Sterling held

7th June 2022

Markets/World

Yields cap stock rally, Boris survives, oil softens

By Edward Moya US stocks rallied Monday as improvement with China’s COVID situation, optimism that a strong labour market will help the US consumer handle the latest wave of inflation, and after

7th June 2022

Markets/World

Beijing reopening dulls NFP retreat

By Jeffrey Halley Wall Street had another schizophrenic day on Friday as May US Non-Farm Payrolls outperformed, rising by 390,000 jobs, slightly less than April, but well above market forecasts of 325,000.

6th June 2022

Markets/World

Gloominess persists after robust jobs report

By Edward Moya Robust hiring in the U.S. in May pretty much guarantees the Federal Reserve will move forward with a couple of half-point rate hikes at the next two meetings. US

3rd June 2022

Markets/World

Chinese debt traps won’t trigger EM defaults

Talk of China laying ‘debt traps’ for emerging markets that would trigger a wave of defaults are “overblown”, said the CEO of a leading independent financial advisory and fintech, following warnings in

3rd June 2022

Markets/World

What’s the good oil?

By Jeffrey Halley Oil markets are on the move Thursday morning, with oil prices dipping by 2.0% in early trading after the Financial Times reported that Saudi Arabia has indicated to western

2nd June 2022

Markets/World

Europe lower amid another inflation record

By Craig Erlam European stock markets are a little lower on Tuesday, handing back Monday’s gains to trade relatively flat on the week. It’s not surprising that we’ve seen a reversal of

31st May 2022

Markets/World

Caution returns as inflation fears mount

By Lukman Otunuga, Senior Research Analyst at FXTM Stocks in Asia were shaky on Tuesday morning following the lack of cues from Wall Street overnight due to the U.S. Memorial Day holiday.

31st May 2022

Markets/World