Is the UK already in recession?

By Craig Erlam Stock markets are recovering slightly on Wednesday after another volatile start to the week. It’s clear that investors have one eye on the US this week, with Fed minutes

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Sterling hits record low

By Craig Erlam Economic fears swept through the markets on Monday, with the UK taking a particular drubbing as the pound hit a record low against the dollar. Friday’s mini-budget has gone

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Will PM Truss tank the Pound?

Britain’s new Prime Minister, Liz Truss, is helping to sink the beleaguered pound even further – and the trajectory is only likely to get worse for the UK currency, warned the CEO

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All eyes on Jackson Hole

By Craig Erlam The day we’ve all been waiting for has finally arrived as Jerome Powell prepares for his keynote speech at Jackson Hole. Powell will have chosen his words very carefully,

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Choppy trade ahead of ECB

By Craig Erlam  Stock markets are understandably choppy so far this week, as Europe posts small gains with Italy being the outlier on Tuesday, up more than 1%. It’s shaping to be

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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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Pound falls after BoE decision

By Lukman Otunuga, Senior Research Analyst at FXTM Investors who were expecting more hawks to join the policy discussion were left empty-handed at the Bank of England meeting on Thursday. Policymakers voted

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