By Jeffrey Halley Japan’s former Prime Minister Shinzo Abe is in “grave condition” after being shot while campaigning for parliamentary elections in the city of Nara. Current PM Fumio Kishida said Abe
By Jeffrey Halley US markets got little solace, but more clarity, from the FOMC minutes overnight; the committee members remained highly focused on culling inflation, even if it was at the expense
By Jeffrey Halley Recession fears buffeted markets overnight, with the price action across various asset classes looking like a self-sustaining negative feedback loop, triggering more stop losses as prices slumped and dragging
Volatility will define financial markets in the second half of 2022, but there are major reasons for investor optimism, affirms the CEO of one of the world’s leading independent financial advisory and
By Craig Erlam Markets saw choppy trading on Friday, heading into the weekend amid a flurry of economic data from across Europe. Things got underway with a plethora of PMI readings, although
By Jeffrey Halley US equities struggled for direction overnight, with the S&P 500 and Nasdaq almost unchanged, while the Dow Jones eked out a small gain. The outcome is hardly surprising with
By Jeffrey Halley Readers should stop watching US stock markets for economic wisdom, as the price action overnight confirmed that part of the financial world has as little future insight as anywhere
By Craig Erlam It’s been a week of consolidation in stock markets after last week’s rout, with Europe looking to it with minor gains. It hasn’t been the blockbuster week as the
By Jeffrey Halley The second day of Jerome Powell’s semi-annual testimony on Capitol Hill passed without incident, in contrast to Wednesday’s frenzy. The Fed Chair reiterated an unconditional commitment to fight inflation,
By Jeffrey Halley Federal Reserve Chairman Jerome Powell’s semi-annual testimony on Capitol Hill was the centre of attention overnight. Speaking to Congress on Wednesday, Powell finally dispensed with soft landings, describing them
