European stocks rose, led by miners such as Anglo American, as iron ore surged for the fifth consecutive day due to speculation that Chinese steel mills might increase output. Iron ore has spiked 12% ...
Major US indices halted their decline on Monday, with tech stocks rising sharply. The gains in tech were lead by Nvidia (NVDA), rallying over 8% in anticipation of its upcoming earnings report due tom...
A relatively quiet week in economic data lies ahead with only significant manufacturing data being released in the middle of the week. Investors await the Jackson Hole Summit on Friday (Aug 25), for s...
European and Asian equities, commodities and cryptocurrencies, faced downturns due to increasing concerns over China and concerns about more monetary tightening. The Stoxx 600 declined 0.4%, mar...
European shares fell for a third straight day due to fears of more Fed tightening and further rising bond yields. The Stoxx 600 extended losses, dropping 0.3%. The Chinese economy is also still in foc...
GBP was weak against USD due to the short-term overbought nature of the GBP and USD strength than actual GBP weakness - although the GBP did come under pressure due to deteriorating risk sentiment. Th...
The GBP is currently certainly not the weakest currency (in fact I expect further gains against EUR, JPY, CHF etc.) - especially after wage data that showed that wages in UK growth the fastest on reco...
European stocks experienced fluctuations due to intensified worries over China’s economic health. The Euro Stoxx 50 went down 0.8%, other European indices are mixed.GBP sees a rise after UK inflatio...
In Europe and Asia, stocks are trading lower today as concerns grow that the recent rally has gone too far, especially as central banks offer no prospect of interest rate cuts in the near future. ...
US futures slipped while US Treasury yields rose as markets reacted to the Bank of Canada's unexpected rate hike. This and an earlier rate hike in Australia led markets to reassess inflation risks and...
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