By Lukman Otunuga, Senior Market Analyst at FXTM Asian shares staged a rebound on Thursday following the broadly positive cues from Wall Street overnight as plunging oil prices and weak US jobs
By Craig Erlam It’s been a wild couple of days in financial markets from a potential FX intervention to interest rate decisions and vast amounts of economic data, not to mention a
By Craig Erlam The Australian dollar softened Tuesday after the RBA opted to leave the Cash Rate at 4.1%, but warned some further tightening may be required. The decision and statement –
By Craig Erlam European stock markets were performing well at the end of the week after spending much of the past days in the red on the back of fresh interest rate
By Craig Erlam Another mixed session in Europe on Thursday with US stocks pointing to a similar open on Wall Street despite some promising inflation figures from the euro area. While the
By Craig Erlam Equity markets are pretty flat in the middle of the week, struggling to pick themselves up off the floor as investors worry about higher-for-longer interest rates and the economy.
By Craig Erlam We’re seeing plenty of different approaches from central banks as they wrap up their tightening cycles, with the Bank of England on Thursday surprising with a hold, while not
By Craig Erlam Everyone at the Bank of England undoubtedly breathed a collective sigh of relief on Wednesday, joining the rest of us, as inflation subsided much more than expected in August.
Financial investors have added exposure to crude oil as a result of the tightening oil market and to benefit from higher roll returns, with the futures curve now more strongly downward sloped,
By Craig Erlam Eurozone headline inflation was slightly lower than the 5.3% initially reported in August, while core was unrevised and is now modestly higher. Both are expected to fall going into
