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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Cyprus to export natural gas by 2026

Cyprus is targeting its first natural gas exports by 2026 from the Aphrodite gas field, Energy Minister Natasa Pilides said. After a parliamentary committee hearing, Pilides said there are many options concerning

Meta makes Asia feel better  

By Jeffrey Halley  Equity markets were higher in Asia Thursday as US index futures rallied after Facebook-parent Meta posted minuscule growth in user numbers, along with robust financials. The results came too

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Jumpin’ Vlad flash cuts his gas

By Jeffrey Halley The Ukraine/Russia conflict has suffered some headline fatigue of late, and more than a little complacency by the world’s financial markets, as China’s slowdown fears grabbed centre-stage. The economic

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Caution ahead of more talks

By Craig Erlam European stocks were treading water on Monday and Wall Street was eyeing a similar theme amid another cautious start to the week. Pressure is ramping up on Brussels to

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Equities drift lower

By Craig Erlam Equity markets are a little lower on Thursday, as the broad consolidation continues against the backdrop of gradual progress on Ukraine, fluctuating energy prices and inverting yield curves. There’s

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Ceasefire hopes short-lived

By Craig Erlam Stock markets were giving back some of their gains on Wednesday, as skepticism grows around Russia’s intentions following the previous day’s announcements. Initial reports suggested a de-escalation in Ukraine,

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