By Moody’s Analytics The June U.S. consumer price index has financial markets increasing their bets on a 100-basis point rate hike at the upcoming meeting of the Federal Open Market Committee. The
By Jeffrey Halley Markets in Europe and early New York went “hold my beer” and went into “the Fed is going to hike by one percent, we’re all doomed” mode. The negativity
The list of victims of the Bitcoin and cryptocurrency crash continues to grow daily. According to StockApps.com, the latest victim is Elon Musk’s Tesla, which is expected to report a $440 million
By Jeffrey Halley Central banks have gone full Bon Jovi handing out some monetary policy bad medicine over the past 24 hours, as the fight against inflation permeates even the most ardent
By Craig Erlam Equity markets are tumbling again on Wednesday as the latest batch of inflation data delivered another heavy blow to sentiment. US inflation reached 9.1% in June, up from 8.6%
By Han Tan, Chief Market Analyst at Exinity Group Markets are on tenterhooks ahead of the US inflation data later Wednesday which will hold great sway over the Fed’s rate-hike plans. Fed
By Jeffrey Halley Wednesday is shaping up to be a stormy day for markets, with plenty of chances to get dumped and held under the waves for a while. We have already
By Craig Erlam Another day of significant unease in financial markets as investors nervously await US inflation data and the start of earnings season. The economic calendar goes up a couple of
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were a sea of red on Tuesday as recession fears and China’s renewed Covid-19 outbreak smothered appetite for risk. Overnight, Wall Street’s
By Jeffrey Halley Things are looking messy, especially in Forex Land where the Euro is within a hair’s breadth of trading at parity with the US Dollar Tuesday morning. Overnight, the single
