EU working on more sanctions against Russia

Brussels is looking at more sanctions against Russia and ensuring those in place bite hard, EU Council President, Charles Michel, told the European Parliament. He said that in close coordination with the

FOMC minutes reality check

By Jeffrey Halley    US markets got little solace, but more clarity, from the FOMC minutes overnight; the committee members remained highly focused on culling inflation, even if it was at the expense

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US lawmakers oppose F-16 sales to Turkey

US lawmakers of the Congressional Caucus on Hellenic Issues openly disagree with President Joe Biden, who supports Turkey’s request to purchase and upgrade F-16 fighter jets. A joint statement issued by Congress

Recession meltdown

By Jeffrey Halley    Recession fears buffeted markets overnight, with the price action across various asset classes looking like a self-sustaining negative feedback loop, triggering more stop losses as prices slumped and dragging

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Knot-tying masterclass continues

By Jeffrey Halley   Volatility remains elevated across every asset class, although a US holiday overnight meant a 12-hour break from the noise. The strategy of watching the rooster fight from the sidelines

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A data-heavy end to the week

By Craig Erlam Markets saw choppy trading on Friday, heading into the weekend amid a flurry of economic data from across Europe. Things got underway with a plethora of PMI readings, although

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