Playing the Grinch

By Craig Erlam Stock markets are going into the festive period in a downbeat mood, as central banks this week reaffirmed their commitment to raising rates. The prospect of a Santa rally

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Any recession will be mild, short-lived

If it comes, Europe can expect a mild and relatively short-lived economic recession as high inflation is tamed, said Cyprus Central Bank governor Constantinos Herodotou. He said the ECB’s objective is to restore

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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Caution prevails as investors on edge

By Lukman Otunuga, Senior Research Analyst at FXTM European stocks crept higher on Tuesday, rebounding after a rocky start to the trading week as investors remained jittery over rising interest rates and

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All eyes on U.S. jobs report

By Craig Erlam Stock markets in Europe opened positively on Friday after what has been an otherwise rotten week, while Asia was fairly mixed ahead of the US jobs report. It will

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Off to a bad start

By Craig Erlam There’s been a lot of economic data to digest so far on Thursday and yet nothing has really changed as far as markets are concerned, with September kicking off

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Stock selling continues, Europe in focus

By Edward Moya US stocks were declining Monday after a weekend filled with a worldwide central bank hawkishness reinforced the message that central bank tightening will deliver pain to households and businesses. ​

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