Markets European markets rebound as Chinese data fuels rally European stock markets rallied as strong Chinese trade data lifted sectors sensitive to consumer demand, driving broad gains. The Fed's recent rate cut may further bolster risk-on sentiment. 08/11/2024
Economy Bank of England makes its decision on UK interest rates The Bank of England decides to cut its main interest rate to 4.75% following a fall in inflation to its lowest level since April 2021. 07/11/2024
Business Stocks and bitcoin surge ahead after Trump wins the White House race The US stock market, Elon Musk’s Tesla, banks and bitcoin all stormed higher as investors bet on what Donald Trump's return to the White House will mean for the economy and world. 06/11/2024
Markets Trump Presidency: Could the euro hit parity with the dollar? Economists agree that a Trump presidency could weaken the euro against the dollar. While the euro strengthened during Trump's first term, conditions could now drive it lower. 04/11/2024
Markets A turbulent week expected as US election spurs market volatility Markets are poised for high volatility this week due to the upcoming US election and key central bank decisions. Below is an outline of crucial market events and potential trends for the days ahead. 04/11/2024
Markets Oil prices plunge as Israel spares Iran's oil facilities in attack Crude prices plunged as Israel launched a limited retaliation attack on Iran, sparing its oil and nuclear facilities. China reported disappointing economic data, further weakening crude demand outlooks. 28/10/2024
Markets Eurozone inflation data and tech company earnings in focus this week This week is lined up with critical economic events and company earnings, which are expected to drive market sentiment. Eurozone inflation data will be the focal point for the region. 28/10/2024
Markets Bitcoin approaches a three-month high ahead of US election Bitcoin's price has seen a significant surge since September, driven by central banks' easing monetary policies and the so-called "Trump trade" in the lead-up to the US presidential election. 22/10/2024
Markets Gold and silver prices surge to new records as haven demand mounts Gold and silver surged amidst growing fears of escalating conflicts in the Middle East, uncertainties surrounding the US election, and central banks embarking on easing cycles. Analysts expect gold prices to keep rising. 21/10/2024
Markets FTSE Russell to include South Korean and Indian government bonds South Korean and Indian government bonds are set to join global index provider FTSE Russell in 2025, in a move that is expected to attract billions of dollars of foreign investment into their local bond markets. 09/10/2024
Markets World shares slip as investors focus on Middle East escalation World shares slipped on Thursday as investors continued to monitor an escalation of tensions in the Middle East. 03/10/2024
Markets European markets climb as China unveils economic stimulus package European markets opened higher, buoyed by the People's Bank of China's (PBOC) recent suite of easing measures. Mining stocks are expected to gain from the strong price rally in key metals. 24/09/2024
Markets What the Fed's jumbo rate cut means for European and global markets The Fed's substantial rate cut could result in a further loosening of global liquidity, prompting a shift in capital across asset classes and stock sectors. 19/09/2024
Markets Weekly recap: European Central Bank rate cut sparks market rally Global stock markets were mostly positive this week, buoyed by optimism over central banks' rate cuts. The ECB’s second rate reduction of the year fuelled a market rally across Europe. 13/09/2024
Business European stocks fall as PMIs revised lower, ASML hit by UBS downgrade European stocks fell on Wednesday after a semiconductor-driven sell-off on Wall Street. Weaker-than-expected economic data, including downgrades to Eurozone PMIs, further weighed on sentiment. 04/09/2024
Economy EU inflation data in focus as ECB considers next interest rate move The Eurozone is set to release its first estimate of inflation for August, offering clues about the ECB's interest rate decision in September. Nvidia's earnings results will also be in the spotlight as investors seek to gauge the trajectory of the AI industry. 26/08/2024
Markets Stock markets rally on expectations of rate cuts by central banks Global stock markets rallied on growing expectations of rate cuts by central banks. However, the momentum eased as investors grew cautious ahead of the Jackson Hole Symposium, which gets underway in the US today. 23/08/2024
Markets Markets eye ECB decision as Fed minutes reinforce rate cut bets The minutes from the Federal Reserve's July meeting indicate that the bank is likely to begin cutting interest rates in September. Markets will closely watch the ECB's decision next month as the euro reaches a one-year high against the US dollar. 22/08/2024
Economy Eurozone inflation at 2.6% in July as euro hits 9-month high Eurozone inflation was confirmed at 2.6% year-on-year in July, up from 2.5% in June. The inflation rise, coupled with expectations for Federal Reserve rate cuts, have pushed the euro to a 9-month high against the US dollar. 20/08/2024
Markets Gold: Why are investors rushing in as the shine comes off copper? Gold prices have reached a new all-time high, driven by expectations of a lower interest rate environment and increasing demand for safe-haven assets. In contrast, base metals such as copper remain weak, largely due to sluggish economic growth in major economies, particularly from China. 19/08/2024