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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