Truss resigns, may fuel market fears

Liz Truss has resigned as UK prime minister, with Conservatives expected to choose a new leader within a week. However, her departure could fuel financial market fears as political chaos in the

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The mother of all U-turns

By Craig Erlam Another turbulent start to the week, albeit a positive one broadly speaking, with equity markets around 1% higher in Europe after a decent start to the week in Asia.

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Another wild session

By Craig Erlam Equity markets in Europe were marginally higher Thursday as bond market concerns eased and we await the latest inflation data from the US. The Bank of England bond market

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Flat start to the week

By Craig Erlam There’s mild risk aversion in the markets at the start of the week, perhaps some apprehension ahead of what could be a big few days for the U.S. The

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No letting up

By Craig Erlam We’re in for another day of risk-off trade, with parts of Asia recording heavy losses and Europe opening on the backfoot. Fear of tightening-induced recessions has wiped out the

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