A week of consolidation

By Craig Erlam It’s been a week of consolidation in stock markets after last week’s rout, with Europe looking to it with minor gains. It hasn’t been the blockbuster week as the

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Don’t get too excited by bear rallies

By Craig Erlam European stock markets are falling heavily again on Wednesday, reminding us once more why we shouldn’t get excited by the bear-market rallies. There’s a desperation to add substance to

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Bear market Friday

By Jeffrey Halley  A massive risk aversion wave swept markets overnight, with the Bank of England raising rates by 0.25% to 1.0% in a split decision (three members wanted 0.50%), in line

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Oil surges as equities steady

By Craig Erlam It’s been a flat start to the week in equity markets, with Europe posting marginal losses or gains. There’s been so much to absorb in recent weeks and while

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