Damage control

By Jeffrey Halley  New York had another tumultuous session overnight, dominated by noise from the crypto sector where (un)stable coins continued to suffer from untethering. Either the crypto noise was pushing equities

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Markets dive on growth fears  

By Lukman Otunuga, Senior Research Analyst at FXTM Asian equities remained under pressure on Tuesday as the massive sell-off across financial markets left investors bloodied and worried. Although European futures pointed to

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PMI shocker from China, Fed hikes rates

By Jeffrey Halley  The extent of the impact of China’s Covid zero-policy on the domestic economy was highlighted Thursday morning as the Caixin Services PMI for April recorded its second-largest fall on

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Waiting for the Fed

By Jeffrey Halley  Markets are trading sideways in Asia, a continuation of the price action seen in New York, as the entire world awaits the outcome of the FOMC rate decision Wednesday

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A mixed day in stock markets

By Craig Erlam Tuesday was a mixed day that saw European indices slip a little into the red, while Wall Street enjoyed better returns of more than 1%. US equities managed decent

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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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