By Craig Erlam It’s been another wild session in financial markets and the ECB had the unenviable task on Thursday of making a decision on interest rates amid all of the uncertainty
By Han Tan, Chief Market Analyst at Exinity Group A week is indeed a long time in financial markets, and the calculus for central bank rate hikes has been dramatically altered by
By Craig Erlam It was another remarkable day in financial markets and it, unfortunately, doesn’t feel like the worst is behind us. Fear has once again gripped the markets, concerned about a
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 Lukman Otunuga, Senior Research Analyst at FXTM The next few days promise to be wild and incredibly eventful for financial markets thanks to a string of central bank decisions, earnings from
By Edward Moya US stocks have been struggling for direction all week after a mixed bag of earnings was accompanied with economic data that supports the idea that the economy is weakening.
By Lukman Otunuga, Senior Research Analyst at FXTM European markets edged cautiously higher on Tuesday as investors digested upbeat corporate earnings and news that Rishi Sunak replaced Liz Truss as U.K. prime
By Craig Erlam A mixed session in Asia overnight after Wall Street rebounded on Wednesday, while Europe opened a little higher as well. Frankly, it’s been an awful few weeks for stock
By Han Tan, Chief Market Analyst at Exinity Group King dollar’s scorched-earth ascent to a fresh 20-year peak has clobbered broad swathes of financial markets, with dollar-denominated assets clearly bearing the brunt.
By Lukman Otunuga, Senior Research Analyst at FXTM Market sentiment lacked conviction on Tuesday despite the Chinese government pledging more efforts to support economic growth. Asian shares were mixed as investors braced