Markets bouncing back

By Craig Erlam   Stock markets bounced back on Tuesday as some calm returns following the UBS takeover of Credit Suisse and traders look ahead to the Fed on Wednesday. It’s been a

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Fed’s Powell warns of higher rates

Federal Reserve Chair Jerome Powell told lawmakers on Tuesday that it will likely raise interest rates more than expected amid strong economic data and that it is prepared to move more aggressively

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Risk sentiment wavers on Fed fears

By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were a mixed bag on Tuesday as fears over rising U.S. interest rates hit overall sentiment in the region. European futures are

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A small setback

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

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Market caution returns on hot US CPI data

By Lukman Otunuga, Senior Research Analyst at FXTM   Asian shares flashed red on Wednesday along with US futures as investors evaluated sticky American inflation data and remarks from Fed officials. European futures

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Surprisingly optimistic

By Craig Erlam   It’s been a promising start to the week in financial markets, albeit one built on surprising optimism ahead of Tuesday’s US inflation report. I would expect to see a

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