By Craig Erlam Wednesday was slightly better for stock markets in Europe as they continued to fluctuate in the same ranges they’ve traded in for the last month. US indices had a
By Craig Erlam European stocks edged higher Thursday ahead of the long bank holiday weekend; ending the week not far from where they started as investors mull the latest policy decisions, inflation
By Jeffrey Halley The procession of central banks hiking rates in an attempt to see off inflation has continued over the last 24 hours. The Bank of Canada hiked by 0.50% overnight,
By Roland Jackson The Bank of England on Thursday hiked its main interest rate to its pre-pandemic level to combat runaway inflation that risks soaring far higher as the Ukraine conflict fuels energy costs.
Oil prices soared Thursday on tensions surrounding key producer Russia, as equities diverged with traders also tracking interest rate decisions and China’s pledge to support volatile markets. The price of benchmark oil
The prospect of tighter US monetary policy increases the vulnerability of highly-dollarised emerging market banks to a spike in credit losses and pressures on their profitability, according to Moody’s. The rating agency
By Hussein Sayed, Chief Market Strategist at Exinity January has been a month to forget for many investors after hundreds of billions of dollars were wiped out of equity and bond markets.
By Lukman Otunuga, Senior Research Analyst at FXTM Asian stocks flashed red Tuesday morning, alongside U.S futures after an explosively volatile session on Wall Street. Equity markets were flung on a chaotic
By Lukman Otunuga, Senior Research Analyst at FXTM An air of caution gripped Asian markets on Tuesday as growing unease over the spread of the Omicron variant drained risk sentiment. The dollar
By Hussein Sayed, Chief Market Strategist at Exinity Group Last Friday could be regarded as 2021’s worst day in financial markets. Risk-off sent stocks, oil prices, commodity currencies and Treasury yields sharply