Markets U.S. futures and European shares are in the red after Turkish warplanes shot down a Russian military aircraft on the border with Syria. Officials said the Su-24 jet was downed after it knowingly violated Turkish airspace and its two … Continue reading
Markets Prior to the release of the PMI figures, the euro slumped to a seven-month trough at $1.0601, following Mario Draghi’s strongest hint yet that the ECB will unveil fresh stimulus at its policy meeting next week. “The ECB is … Continue reading
Markets The ECB is prepared to deploy its full range of stimulus measures to fight low inflation, ECB President Mario Draghi said on Friday, further indicating that the central bank will apply additional easy money policies at its next meeting … Continue reading
Markets World shares are continuing their climb higher after minutes from the Fed’s most recent policy meeting strengthened expectations for a rate hike in December, a move that would remove lingering uncertainty in the financial markets. “It may well become … Continue reading
Markets Major global stock indices were flat-to-lower at the time of writing as investors stayed cautious amid news of a police raid in Paris on suspected terrorists (see below) and ahead of the release later today of the FOMC minutes … Continue reading
Markets World shares surged on Tuesday as investors took heart from the rally on Wall Street and brushed off jitters related to Friday’s terror attacks in Paris. “What we have learned is that there is not a meaningful market impact … Continue reading
Markets Markets across the globe are still processing the weekend’s coordinated terrorist attacks in Paris that left at least 132 people dead and more than 350 wounded. The events sent Asian bourses lower overnight, while U.S. futures inched higher, erasing … Continue reading
Markets Global shares fell sharply again today after the S&P 500 ended lower YTD for the first time since Oct. 22 and the Dow Jones dropped more than 250 points. Friday the 13th? Not really. Commodity prices are weighing heavily … Continue reading
Markets Global stocks remained cautious on Thursday as traders awaited clues on the timing of the first U.S. rate hike in nearly a decade. Investors will hear speeches from Janet Yellen and four regional Fed presidents this morning, as well … Continue reading
Markets Asian stock markets remained wobbly on Wednesday after a mixed batch of Chinese data showed growth in the world’s second largest economy still in low gear. October industrial production growth cooled to 5.6% last month, while urban fixed asset … Continue reading