No letting up

By Craig Erlam We’re in for another day of risk-off trade, with parts of Asia recording heavy losses and Europe opening on the backfoot. Fear of tightening-induced recessions has wiped out the

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More turmoil to come?

By Craig Erlam Stock markets have steadied in Asia and early European trades on Tuesday, but that does not reflect the mood in the markets at the moment so it may struggle

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Sterling hits record low

By Craig Erlam Economic fears swept through the markets on Monday, with the UK taking a particular drubbing as the pound hit a record low against the dollar. Friday’s mini-budget has gone

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A wild 24 hours

By Craig Erlam Stock markets aren’t faring too badly on Thursday, which is surprising considering how eventful the last 24 hours have been. While the Fed’s hawkish rate hike is probably the

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A turbulent week ahead

By Craig Erlam    It’s been a volatile start to the week which is unlikely to abate considering what’s to come over the next few days. Central banks are lining up to

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Steady post-inflation shock

By Craig Erlam Stock markets are mixed on Thursday following a rollercoaster week in the run-up to, and aftermath of, the US inflation report. Investors got ahead of themselves in a desperate

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Nerves ahead of US inflation

By Craig Erlam We aren’t seeing much change in Europe ahead of the open on Tuesday after a broadly positive session in Asia as China, Hong Kong and South Korea returned following

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Risk rebound continues

By Craig Erlam European stocks were off to a positive start on Monday, following a relatively muted day in Asia amid bank holiday closures in China, Hong Kong and South Korea. UK

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Crypto layoffs top 5,000 as coins slump

Although crypto companies struggled to weather the storm, many had to make significant cost-cutting measures and lay off their staff, according to data compiled by CryptoPresales.com. Crypto companies laid off nearly 5,000

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ECB just getting started

By Craig Erlam A mixed session in Asia overnight after Wall Street rebounded on Wednesday, while Europe opened a little higher as well. Frankly, it’s been an awful few weeks for stock

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