The Bank of England’s ‘wait-and-see’ stance to more interest rates has been branded as ‘dangerous’ by a leading financial advisor and fintech CEO. The damning assessment from deVere Group’s Nigel Green follows
By Craig Erlam Equity markets opened a little softer on Wednesday following similar moves in Asia overnight, as investors weighed up the latest setback in US data. The inflation report needed to
The Bank of England and the U.K. Treasury announced that a digital pound could be used by households and businesses for everyday payments in-store and online later this decade. The so-called ‘Britcoin’
By Craig Erlam We’re seeing plenty of caution in the markets this week which is perhaps not entirely surprising given what lies ahead. Earnings season isn’t going as well as hoped and
By Edward Moya US stocks were selling off on Monday in what will be a massive week of corporate earnings, three major central bank rate decisions (FOMC, ECB and BoE), and an
By Craig Erlam Equity markets are a little softer on Tuesday as investors await more earnings from the U.S. and closely monitor events in Davos. Stocks have had a strong start to
Fears that the Bank of England is driving the UK economy into a deep recession are growing, despite the central bank voting in favour of a more moderate 0.5 percentage point interest
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares flashed red on Thursday, tracking declines in Wall Street overnight after the Federal Reserve signalled interest rates will climb higher than anticipated.
By Craig Erlam Equity markets are paring gains ahead of the Federal Reserve announcement on Wednesday, perhaps a little caution ahead of the final decision of the year. The announcement, forecasts, and
By Craig Erlam Stock markets are tentatively higher in Asia Tuesday, while Europe and the US are poised for a similarly modest start to trade in what is the start of a
