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When we looked at the banking sector back in July, there was little prospect that things would improve as we headed into the second half of the year.The major US banks had already set aside $32bn in...
European equity markets pulled back a small bit of the huge ground that they lost yesterday in the first few hours of trading.Europe The mood was a little cautious as traders got used to the idea of...
Though they started the day with little reason to rebound, a couple of hand-holds emerged for the markets as Thursday went on. The two main headlines this afternoon came from the Eurozone and the US....
After a period of cooling off its impact on the markets, fear of the coronavirus played havoc on Wall Street again yesterday. Consequentially, the tech heavy Nasdaq had its worst day since early...
Europe Opens Mixed Ahead of ECB & US Q3 GDPEuropean stocks are heading out of the blocks in a mixed fashion after yesterday’s bloodshed. Whilst Asian stocks fell overnight the fall was more...
After another big sell off yesterday, European markets still look a little shaky after the vertigo inducing drops seen so far this week, with a modest stabilisation in early trading ahead of this...
From the wreckage of Wednesday’s trading emerged a tentative rebound on Thursday, like green shoots appearing from the rubble. You’d be hard-pushed to find a credible justification for the...
The last ten years have been difficult ones for banks in general, and 2020 has been no different, though the recent Q3 numbers from the major US banks, as well as Barclays (LON:BARC) and HSBC...
Stocks in Europe and the US endured a painful sell off yesterday.The bearish sentiment was fuelled by the health crisis as Covid-19 cases and hospitalisations increased, and to add insult to injury,...
US elections have, of late, had a tendency to introduce high degrees of volatility in the markets.In 2016 the unexpected election of Donald Trump as the 45th President of the United States confounded...
European stocks have endured a brutal wave of selling today as coronavirus concerns prompted dealers to dump stocks.Europe There is a feeling in the markets that governments are not in control of the...
There are myriad different reasons you could point to in order to explain the market’s monstrous performance this Wednesday, a fact that in and of itself has forced investors beyond the tipping...
With less than a week to go before the highly anticipated U.S. presidential election, the market could be a bit more volatile, especially if the outcome is not immediately clear.Regardless of who...
The day ahead will see internet company executives attend a Senate hearing on liability law, earnings from Etsy and a rate decision in Canada.MARKETSLosses are accelerating across European markets on...
Any prospect that we might see some form of turnaround Tuesday yesterday proved to be fairly short-lived as markets in the US and Europe fell for the second day in a row. The only exception was the...