By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares and US equity futures flashed red Tuesday morning despite the overnight rally on Wall Street. Investors seem to be on edge, adopting
By Jeffrey Halley Snap, Crackle, Pop! may bring back memories of breakfast cereals, but for Snap Inc their quarterly guidance was more of a dog’s breakfast. Snap’s stock price went snap, crackle,
By Jeffrey Halley Recessionary concerns continue to hold back the buy-the-dippers in Asia on Monday, with stock markets ignoring the strong rally by US index futures. It is always worth taking the
By Craig Erlam Equity markets were back in positive territory on Friday, but I’m struggling to get too excited by the moves we see going into the weekend. The rebound may partly
By Jeffrey Halley New York had another tumultuous session overnight, dominated by noise from the crypto sector where (un)stable coins continued to suffer from untethering. Either the crypto noise was pushing equities
By Jeffrey Halley Mainland China stocks are leading the way higher Wednesday after onflation data showed a benign inflation landscape. Inflation YoY in April climbed to 2.10% (1.8% exp), and Inflation MoM
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
By Jeffrey Halley The extent of the impact of China’s Covid zero-policy on the domestic economy was highlighted Thursday morning as the Caixin Services PMI for April recorded its second-largest fall on
By Jeffrey Halley Markets are trading sideways in Asia, a continuation of the price action seen in New York, as the entire world awaits the outcome of the FOMC rate decision Wednesday
By Craig Erlam It’s been another wild ride in the markets this week, but indices are on course to end it roughly where they started. There has been a lot to digest
