Powell sparks ‘buy everything’ rally

By Jeffrey Halley         You had the feeling that Wall Street, with perpetually itchy buy-button trigger fingers, was primed for this FOMC. As expected, the FOMC raised the Fed Funds target by 0.75%,

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On the ropes

By Craig Erlam Equity markets are tumbling again on Wednesday as the latest batch of inflation data delivered another heavy blow to sentiment. US inflation reached 9.1% in June, up from 8.6%

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FOMC minutes reality check

By Jeffrey Halley    US markets got little solace, but more clarity, from the FOMC minutes overnight; the committee members remained highly focused on culling inflation, even if it was at the expense

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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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Volatile week ahead for financial markets?

By Lukman Otunuga, Senior Research Analyst at FXTM Stocks in Asia traded cautiously on Tuesday, following a negative close on Wall Street overnight as growth concerns, inflation worries and geopolitical tensions hit

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A Bullard in a China shop

By Jeffrey Halley The ‘who can be the most hawkish Fed President’ quiz continued overnight as James Bullard came out swinging, suggesting that Fed Funds may need to rise to a “neutral”

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Markets snooze into week’s end

By Jeffrey Halley New York had a relatively quiet session overnight, with Europe’s announcement that its next round of sanctions would include Russian coal imports, having no impact on energy prices. A

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