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
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