Markets worried by recession fears

By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares edged cautiously higher on Tuesday, tracking a rebound in Wall Street overnight, despite disappointing economic data from China and the US fuelling

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Black Monday in Asia on China risks

By Jeffrey Halley  It is turning into a Black Monday in Asia after US and European equity markets were pummelled on Friday, as China risks also rise again. Oil retreated again Monday

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A target on your back

By Jeffrey Halley  With a dearth of heavyweight data this week until Friday’s US CPI, we are likely to experience choppy trading, driven by swings in sentiment and headlines hitting the news

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Beijing reopening dulls NFP retreat

By Jeffrey Halley Wall Street had another schizophrenic day on Friday as May US Non-Farm Payrolls outperformed, rising by 390,000 jobs, slightly less than April, but well above market forecasts of 325,000.

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What’s the good oil?

By Jeffrey Halley Oil markets are on the move Thursday morning, with oil prices dipping by 2.0% in early trading after the Financial Times reported that Saudi Arabia has indicated to western

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Another turbulent day

By Craig Erlam Thursday was another turbulent session after stock markets turned sharply lower on Wednesday with investors fretting over the economic outlook for this year. Results from Walmart and Target this

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Sentiment shaky on growth worries

By Lukman Otunuga, Senior Research Analyst at FXTM It’s a new week but the same old story for financial markets as global growth concerns and inflation fears leave investors on edge. Asian

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Flip-flop in the markets

By Jeffrey Halley It was another night of tail-chasing, this time led by Goldman Sachs that said a US recession is a real possibility and that the US Dollar might fall as

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