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
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". 06/08/2024
Business Profits decline at Saudi oil giant Aramco as refining margins weaken Saudi oil giant Aramco reported half-year profits on Tuesday of $56.3 billion (around €51.2bn), down from the year before due to weakening volumes sold amid worries about the global economy. 06/08/2024
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. 06/08/2024
Markets Wall Street sees sea of red as investors fear US economic slowdown Stocks open sharply lower on Wall Street as investors fear a US economic slowdown; Dow drops 1,000 points. 05/08/2024
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. 05/08/2024
Business Week ahead: Investors gauge the growth trajectory of Novo Nordisk Risk-off sentiment may continue to shape market trends following a turbulent week. Novo Nordisk’s earnings will be in the spotlight as investors gauge the growth trajectory of Europe’s largest company. 05/08/2024
Markets European markets move sharply lower as global turmoil deepens European markets opened sharply lower as risk-off sentiment continues to prevail following intense sell-offs in the Asian session on Monday. 05/08/2024
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. 31/07/2024
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. 29/07/2024
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. 25/07/2024
Business US stocks climb as markets factor in Biden's decision to step aside US stocks began climbing on Monday, clawing back some of the losses from their worst week since April. 22/07/2024
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. 19/07/2024
Markets Weekly Recap: Markets rebound as Europe shrugs off political jitters Global stock markets are mostly higher for the week as expectations for central banks to lower interest rates strengthened, while fears of European political disruptions diminished. 05/07/2024
Markets Cooling inflation in Europe and softening US data fuels market rally Cooling inflation in Europe and softening US economic data heightened expectations of rate cuts by central banks, fuelling a stock market rally on both sides of the Atlantic. 04/07/2024
Markets Markets rally on bets Le Pen will fall short in French second round The euro opened higher on Monday as the first round of French parliamentary elections indicated that Marine Le Pen's National Rally (NR) may not secure enough votes to form a government. 01/07/2024