By Craig Erlam It’s shaping up to be another relatively flat day in the markets as investors turn their attention to Capitol Hill ahead of Jerome Powell’s first testimony. The Fed Chair
By Edward Moya US stocks came under pressure on Thursday after another round of economic data suggest central bank tightening by both the Fed and ECB might have to be more aggressive. The bond
By Craig Erlam It’s been a strange week in financial markets, one in which we’ve learned relatively little, but reality appears to be slowly catching up on some. I say that as
By Craig Erlam Equity markets headed to a positive start to the session, paring Wednesday’s gains as investors digest the latest Fed minutes. The usual caveat applies to the FOMC minutes, being
By Edward Moya US stocks turned positive after the Fed’s James Bullard stated that markets might be over-pricing US recession risk. Bullard said his projections for rates are to reach 5.375%, which
By Craig Erlam It hasn’t been the most thrilling start to the week, but the good news is that it should improve from here as the US rejoins and the economic calendar
By Craig Erlam Stock markets in Europe are treading water in thin trade at the start of the week, amid a light economic calendar and a US bank holiday. It was always
By Craig Erlam Equity markets are ending the week in the red after finally falling victim to the persistent disappointment of US economic data on Thursday. It’s taken a lot, but it
By Craig Erlam Equity markets are poised to open in the green once more on Thursday, continuing what has been a rather strange week of trade so far. We’ve gone from euphoria
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
