By Craig Erlam European stock markets are falling heavily again on Wednesday, reminding us once more why we shouldn’t get excited by the bear-market rallies. There’s a desperation to add substance to
By Jeffrey Halley ‘Gone in 60 Seconds’ was a 2000 movie with Nicholas Cage stealing 50 high-end cars in three days. It is actually a remake of my favourite 1974 version, where
By Lukman Otunuga, Senior Research Analyst at FXTM A sense of normalcy seems to be returning to financial markets after the brutal selloff in shares last week. Asian stocks rebounded on Tuesday
By Craig Erlam European stocks are making steady gains on Monday, recovering a small portion of last week’s heavy losses as economic concerns mounted. There’s been a shift in the market mindset
By Craig Erlam I think we all earned a weekend break in the sun after a quite extraordinary week in the markets that saw plenty of central bank action, even from those
By Jeffrey Halley The post-FOMC rally ran equities out of steam within 24 hours with Wall Street plummeting overnight once again. Even the most ardent FOMO gnome had a conviction crisis as
By Jeffrey Halley Things didn’t improve from overnight in New York, as the market scrambled to price in a 0.75% by the FOMC, whose two-day meeting starts Tuesday. Among the biggest casualties
By Jeffrey Halley The FOMC Minutes, released overnight, settled a few nerves, temporarily signalling another couple of 50bps rate hikes in June and July before a pause in September. The dreaded 75bps
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 Han Tan, Chief Market Analyst at Exinity Group Given the palpable woes surrounding inflation, markets will be keeping a wary eye on Wednesday’s US CPI release. The median forecast expects an
