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Markets

Currency war ahead? Euro gains as US CPI boosts Fed rate cut outlook

Favourable market conditions in the eurozone and the UK and lower US inflation could prompt the US Federal Reserve to consider rate cuts. As the euro and pound strengthen, the Fed might feel pressured to adjust rates to maintain the competitiveness of the dollar.

Markets

Oil and gold prices surge as tensions rise in the Middle East

Crude oil and gold prices surged due to escalating tensions in the Middle East and the ongoing conflict between Ukraine and Russia. While increasing demand for safe-haven assets is likely to sustain gold prices, the bullish momentum in oil markets may also persist due to concerns over undersupply.

The Big Question

The Big Question: Why is it hard for banks to cut fossil fuel finance?

In this episode of The Big Question, the European Banking Federation CEO shares his thoughts on ending fossil fuel investments and the problem with doing it too quickly.

Markets

Euro surges to eight-month high as safe haven currency

The euro is likely to rise further as a safe destination due to the jittery sentiment amid the global market turmoil. The ECB's September rate decision remains a key factor in determining the single currency's trend.

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Markets

What are carry trades and how do they contribute to market mayhem?

The mayhem that swept across world markets this week was partly caused by a market strategy known as the "carry trade".

Markets

European markets and Wall Street mixed after Monday's sell-off

European markets opened higher on Tuesday morning but went back in the red by the afternoon as Wall Street started Tuesday's trading session in the green.

Economy

Why global financial markets are witnessing a wave of risk aversion

Fears of a US recession are driving global market sell-offs. Equities dropped sharply, the dollar weakened, and bonds and the yen strengthened.

Markets

Oil prices rise as Middle East tensions weigh on investors

The price of US crude and Brent climbed on Wednesday as tensions in the Middle East weighed on the minds of investors.

Markets

Markets ahead: Turbulence brewing as rate decisions in focus?

This week will be marked by interest rate decisions from three major central banks: the Bank of England (BOE), the Federal Reserve (Fed), and the Bank of Japan (BOJ). Additionally, inflation readings from the euro area will be in the region's spotlight.

Economy

China cuts 1-year benchmark rate to boost economy as world markets lag

China ratcheted up its effort to reinvigorate its economy on Thursday by cutting a key policy rate and interest paid on bank deposits.

Markets

European stocks extend losing streak as IT outage disrupts key sectors

European stocks extended their losses on Friday as a global tech outage disrupted banks, airlines, and sectors globally, marking the longest losing streak since October 2023.

Markets

Markets recap: Sharp retreat amid global tech wreck

Major global stock markets head for a negative close for the week as blue chips fell amid sector rotations, while the semiconductor stocks were hit by expectations of the US renewed chip export curbs on China.

Markets

European markets prepare for French political turmoil

The second round of the French election forecasts a possible hung parliament, with the left-wing coalition unexpectedly gaining the most seats. Despite political uncertainties, the euro pares early losses.

Markets

Ahead in the markets: European election effects and US inflation data

This week, investors will closely monitor the market reactions to the French election in Europe. Additionally, both China and the US are set to release their Consumer Price Index (CPI) data, providing insights into the inflation trajectory of the world's two largest economies.

Economy

French elections and market stability: Analyst views on what is next

Marine Le Pen's National Rally leads the election race with 33% of votes. Analysts predict a hung parliament as the most probable outcome, probably resulting in moderate fiscal policies and reduced market volatility.

Green News

EPP green policy chief calls for delay to anti-deforestation law

The head of environment policy for the centre-right European People's Party, which emerged victorious in recent EU elections, has called for a two-year delay to market restrictions aimed at discouraging deforestation outside the EU.

Markets

Markets look ahead: Global inflation data takes centre stage

The week will feature inflation readings from major economies, providing clues about the interest rate trajectory of central banks.

Markets

French political risks shake European markets: Analysts react

European stock markets opened cautiously after last week's sell-off. Analysts continue to highlight French political risks as major source of risks heading into snap elections in less than two weeks.

Markets

Fed holds US interest rate steady with just one possible cut this year

The policymakers' forecast for one rate cut was down from a previous forecast of three, because inflation, having cooled in the past two months, remains persistently high.

Markets

Markets see 'emotional reaction' to European election results

European assets face a risk-off session post-weekend's parliamentary elections. The euro saw the worst two-day performance against the dollar since February 2023. All European indices were in negative territory.