US futures higher, gold out of luck

By Naeem Aslam US futures and European markets are trading higher Tuesday as traders celebrate the Spanish inflation number, showing that inflation has started to cool down significantly. The Spanish data also

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Another setback for central banks

By Craig Erlam   Investors may have underestimated the pace of disinflation this year if economic data this week is anything to go by, with US figures on Friday further enforcing the view

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Erdogan closer than ever to being ousted

Growing dissatisfaction and poverty in Turkish society could give AKP leader the boot Turkish President Recep Tayyip Erdogan will be facing the most crucial election in his political career on May 14,

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Busy day for central banks

By Craig Erlam A plethora of central bank meetings and the maintenance completion of Nord Stream 1 have guaranteed another frantic session in financial markets on Thursday. The resumption of gas flows

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Turkish Lira continues to tumble

The Turkish lira continued to tumble this week, following the shock replacement of the central bank governor, the fourth in less than two years, losing close to 10% of its value compared

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