By Edward Moya Robust hiring in the U.S. in May pretty much guarantees the Federal Reserve will move forward with a couple of half-point rate hikes at the next two meetings. US
By Jeffrey Halley Oil markets are on the move Thursday morning, with oil prices dipping by 2.0% in early trading after the Financial Times reported that Saudi Arabia has indicated to western
By Craig Erlam European stock markets are a little lower on Tuesday, handing back Monday’s gains to trade relatively flat on the week. It’s not surprising that we’ve seen a reversal of
By Jeffrey Halley The FOMC Minutes, released overnight, settled a few nerves, temporarily signalling another couple of 50bps rate hikes in June and July before a pause in September. The dreaded 75bps
By Jeffrey Halley The Reserve Bank of New Zealand raised policy rates by 0.50% to 2.0% Wednesday morning, with Governor Orr setting a hawkish tone in the press conference afterwards. In the
By Jeffrey Halley Snap, Crackle, Pop! may bring back memories of breakfast cereals, but for Snap Inc their quarterly guidance was more of a dog’s breakfast. Snap’s stock price went snap, crackle,
By Jeffrey Halley Recessionary concerns continue to hold back the buy-the-dippers in Asia on Monday, with stock markets ignoring the strong rally by US index futures. It is always worth taking the
By Craig Erlam Equity markets were back in positive territory on Friday, but I’m struggling to get too excited by the moves we see going into the weekend. The rebound may partly
By Craig Erlam Thursday was another turbulent session after stock markets turned sharply lower on Wednesday with investors fretting over the economic outlook for this year. Results from Walmart and Target this
By Craig Erlam European equity markets were a little flat on Wednesday, with inflation data in the morning once again offering a reminder of the struggles that lie ahead. There are also
