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Whipsaw action is sending equity indices on a wild ride on Tuesday. As the bulls battle the bears, US stocks have opened trading a wide range. The Dow had moved through 934 points early on as...
by Noreen BurkeThe US dollar's correlation with a number of key US instruments is shaping an unusual pattern generally associated with periods of market turbulence, according to BNY Mellon’s...
Markets Stabilise Ahead of the Open on Wall StreetUS futures are gradually stabilising again ahead of the open on Wall Street on Tuesday, following an extremely volatile session at the start of the...
Barnier hiding the true agendaIt is hard to fathom why no one asked Michel Barnier two questions when he was in London yesterday. First, how can the UK decide if it wants to be in or out of the...
Having seen such a decent month in January, it has taken six trading days for the gains in US markets this year to disappear, with the S&P500 closing over 4% lower and its worst one day decline...
Europe faces a sea of red following US bloodbathUS markets plummeted overnight as the sell off in the equity market gathered pace, less than two weeks after the US stock market hit a record high. The...
PMI surveys signal weakest expansion of business activity since August 2016 Growth slows in all three main business sectors Output price inflation cools further but holds close to...
Composite PMI rises to 52.8 in January PMI signals 0.7-0.8% quarterly GDP growth rate Strong gains seen in manufacturing while service sector expansion remains steady Input costs rise at fastest rate...
Wall Street Poised For Sharp Losses Again on Monday; Bitcoin Testing $7,600 Lows Again; BoE “Super Thursday” Eyed This Week. Wall Street Poised For Sharp Losses Again on Monday US...
European equities are in the red this morning as the severe sell-off that took place in the US on Friday spilled over to Asia last night, and the fallout is being felt in this part of the world....
Economic news from the Eurozone and US was generally very good last week. Bond yields are pushing higher as a result. That’s good news for people worrying about the possibility of more years of...
There were ugly, ugly scenes after the bell, as the market-wide sell-off gathered pace on fears that global interest rate are, sooner rather than later, going to be heading higher.The FTSE quickly...
Despite seeing a number of global indices hit new record highs in January, with US markets in particular defying gravity on an almost weekly basis, there was some evidence towards the end of the month...
The day after the big sell-offEuropean stocks are headed for a sharply lower start thanks to the weak lead given to them by Wall Street. The FTSE 100 is set to open just above its December lows. The...
Worldwide releases of IHS Markit Services PMI data will provide further insights into global economic growth and price trends at the start of 2018 Central banks in Australia, New Zealand, Russia,...