Markets Chinese shares climbed higher today after the country’s central bank injected more liquidity into the financial system and guided the renminbi to its highest fix in almost a month. The PBOC added 100B yuan ($15.2B) in short-term loans to … Continue reading
Markets Equities enter the new month on shaky ground, following the S&P’s worst January since 2009 (-5.1%) and a volatile month for oil prices. About a fifth of S&P 500 companies will report earnings this week, while lots of economic … Continue reading
Markets The Bank of Japan shocked financial markets overnight by adopting negative interest rates for the first time ever, in a desperate attempt to kick start the world’s number three economy. A rate of -0.1% will now apply to excess … Continue reading
Markets Uncertainty over the future path of U.S. interest rates is weighing on other stocks around the globe, although U.S. futures are seeing gains on upbeat earnings sentiment from Facebook (FB). On Wednesday, the Fed kept interest rates unchanged and … Continue reading
Markets Markets are awaiting a policy decision from the U.S. Federal Reserve later in the session and a statement that might yield signs regarding the pace of future rate hikes. Citing improved inflation and other data, the central bank raised … Continue reading
Markets Equities across the globe are heading lower for a second day as Chinese markets slumped and oil fell back below $30/bbl overnight, following news that Iraq’s output hit a record high and Saudi Arabia pledged to maintain energy investment. … Continue reading
Markets Fund managers that were relaxed about slightly tighter monetary policy last month are wondering whether that was complacent, as concerns surface over whether they’re now operating without the safety net they had grown attached to during the post-financial crisis. … Continue reading
Markets There’s a major relief rally going on across the globe, pushing equities up following several gut-wrenching sessions, after a dovish Mario Draghi hinted at more stimulus and crude prices continued to bounce higher. The ECB is not the only … Continue reading
Markets What’s in store for the markets today? Asian shares fell heavily into negative territory, while European equities rose, following another selloff on Wall Street due to world growth concerns, uncertainty in China and lower oil prices. “The ground right … Continue reading
Markets What goes up must come down? Global markets are in full retreat as a relentless slide in oil prices and a weaker world growth outlook from the IMF dealt another blow to investor appetite. Hong Kong shares tumbled to … Continue reading