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
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
By Jeffrey Halley Mainland China stocks are leading the way higher Wednesday after onflation data showed a benign inflation landscape. Inflation YoY in April climbed to 2.10% (1.8% exp), and Inflation MoM
By Jeffrey Halley A massive risk aversion wave swept markets overnight, with the Bank of England raising rates by 0.25% to 1.0% in a split decision (three members wanted 0.50%), in line
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
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
By Craig Erlam It’s been another wild ride in the markets this week, but indices are on course to end it roughly where they started. There has been a lot to digest
By Craig Erlam Equity markets stabilised a little in the middle of the week, with big tech earnings failing to steer them significantly one way or another. It’s been a mixed bag
By Craig Erlam A little bit of positivity seems to have returned to the markets on Wednesday, but there’s still plenty of underlying unease amid a mixed bag of earnings and rising
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
