Markets European markets drop after Trump's win as focus shifts to the Fed European stock markets largely declined on Wednesday, moving in contrast to gains in US markets as investors weighed the impact of Trump’s tariff policies on the eurozone economy. 07/11/2024
Markets Stocks dip as uncertainty ahead of US Election fuels market volatility Market sentiment soured amid uncertainties surrounding next week's US election, exerting pressure on stock markets. The euro strengthened due to rising inflation, while the US dollar weakened ahead of the upcoming non-farm payroll report. 01/11/2024
Business HSBC stock rises nearly 4% as it reveals billion-euro share buyback HSBC reported strong third-quarter earnings, driven by robust performance in wealth and personal banking, as well as investment banking, alongside the announcement of an additional $3bn (€2.8bn) share buyback plan. 29/10/2024
Markets European markets higher after Wall Street climbs on Big Tech gain European markets open in the green as Asian shares mostly rise after Wall Street climbs on Big Tech gains. 29/10/2024
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 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 Gold nears record highs ahead of crucial central bank rate decision Gold continues to hover near all-time highs, driven by a weakened US dollar, uncertain global economic outlooks, and escalating geopolitical tensions. The rally shows no signs of slowing, as upcoming central bank decisions may further boost demand. 17/09/2024
Markets Markets weekly look ahead: ECB rate decision in the spotlight This week, the European Central Bank (ECB) is poised to decide on interest rates, a key event for both European stock markets and the euro. On a global scale, the release of the US monthly Consumer Price Index (CPI) is also of great importance, as it will significantly influence the broad sentiment. 09/09/2024
Markets Weekly recap: European markets retreat following weak US data Major benchmark indices across Europe, the US and Asia are largely on track for a negative weekly close, driven by prevailing risk-aversion sentiment following weak economic data from both the US and China. 06/09/2024
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
Markets Week ahead in the markets: Eurozone to confirm the second quarter GDP Global markets will focus on key economic data from the major economies, including the Eurozone’s final GDP for the second quarter, Switzerland’s inflation and economic growth, and the US jobs data, which are set to shape financial markets’ future trends. 02/09/2024
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 Trading mixed as Bank of Japan governor warns markets are unstable Trading in Asian markets were mixed and muted on Friday morning ahead of a key Fed Chair speech - and as the Bank of Japan governor warned global markets are unstable. 23/08/2024
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
Markets Markets look ahead: Jackson Hole Symposium takes centre stage This week, central bankers will convene in the US state of Wyoming to discuss economic outlooks and monetary policies. Key economic data is expected to drive further volatility in the financial markets. 19/08/2024
Markets Markets recap: Risk-on sentiment returns amid optimism over rate cuts Major stock markets are set to end the week on a positive note as the rebound continued amid optimism over rate cuts. Technology shares, in particular, experienced a broad rally driven by dip-buying. 16/08/2024
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. 15/08/2024
Markets Markets look ahead: Crucial data may hold key to what happens next Market sentiment may remain fragile following the recent rout, as investors turn their attention to key indicators from major economies this week. In particular, US inflation data will be crucial in shaping global market trends. 12/08/2024