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Investors caught between FOMO and a hawkish Fed

Global equity markets struggle ahead of US Fed Chair Jerome Powell’s semi-annual report to Congress today, when he is expected to reinforce the messa…

3 years, 2 months ago

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European markets lower with Asia’s markets a mixed bag

European markets fell at the start of the new trading week with investors nervous about the economic outlook. US markets were shut for the Juneteenth…

3 years, 2 months ago

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A quiet start to a busy week

The main story this morning is the visit to China by US Secretary of State Antony Blinken, which has shown the first tentative signs of progress. How…

3 years, 2 months ago

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Equities up, USD mostly down

After a flurry of interest rate decisions by major central banks, global equities are mostly higher and the USD is mostly weaker - although it is ris…

3 years, 2 months ago

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Fed pauses as it weighs impact of tightening cycle

The US Federal Reserve left rates unchanged yesterday and sees two small hikes by the end of 2023, as it deals with a stronger-than-expected economy …

3 years, 2 months ago

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Stocks rally ahead of likely Fed pause

The stock market rally extended yesterday after US inflation figures reassured investors. The US Federal Reserve (Fed) is widely expected to leave in…

3 years, 2 months ago

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Apple at an all-time high

Apple closed at an all-time high and the S&P 500 index ended the day above 4325 points its intra-day high from last August and so a key level for tec…

3 years, 2 months ago

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A big central bank week coming up

This week is a busy one with central banks around the world expected to announce their latest interest rate decisions, including the US, Eurozone, Ja…

3 years, 2 months ago

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A bull market in the US and the Swiss franc on a roll

The S&P 500 index in the US entered bull market territory yesterday, up 20% since its October 2022 low, on optimism that the Federal Reserve will kee…

3 years, 2 months ago

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Bank of Canada’s surprise hike spooks markets

The Bank of Canada joined the Reserve Bank of Australia by resuming rate hikes yesterday. Following the surprise 25-basis-point hike, US Treasury bon…

3 years, 2 months ago

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