A debatable recession

By Craig Erlam It’s been quite the 24 hours in financial markets, one I feel many will be trying to work out for many weeks to come. The Fed on Wednesday raised

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Busy day for central banks

By Craig Erlam A plethora of central bank meetings and the maintenance completion of Nord Stream 1 have guaranteed another frantic session in financial markets on Thursday. The resumption of gas flows

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Choppy trade ahead of ECB

By Craig Erlam  Stock markets are understandably choppy so far this week, as Europe posts small gains with Italy being the outlier on Tuesday, up more than 1%. It’s shaping to be

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Confidence returns to Bitcoin

Bitcoin investors and traders were cheerful Tuesday as the prominent cryptocurrency maintained its price near $22,000 for the first time since June. The Bitcoin price has settled above the $21,500 resistance zone,

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Bear market rally back on?

By Jeffrey Halley       Last Friday’s Wall Street price action was enough to spark risk sentiment rallies on forex markets, led by the usual suspects, the Euro and the Australian Dollar, although not

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On the ropes

By Craig Erlam Equity markets are tumbling again on Wednesday as the latest batch of inflation data delivered another heavy blow to sentiment. US inflation reached 9.1% in June, up from 8.6%

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Bracing for Big Wednesday

By Jeffrey Halley     Wednesday is shaping up to be a stormy day for markets, with plenty of chances to get dumped and held under the waves for a while. We have already

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Unease ahead of US inflation

By Craig Erlam Another day of significant unease in financial markets as investors nervously await US inflation data and the start of earnings season. The economic calendar goes up a couple of

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