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
Markets The Shanghai Composite soared 3.2% today as investors weighed the likelihood of further stimulus from Beijing following data that China’s economy grew at its slowest pace in a quarter of a century. Q4 gross domestic product eased to 6.8% … Continue reading
Markets U.S. futures are pointing lower, as global stocks extend losses and Chinese shares entered a bear market after plunging 3.6% (see below). Investors are also poised to get more insight into how the U.S. economy and corporate America are … Continue reading
Markets Almost $3.2T has been wiped off global stocks since the start of 2016, driven by renewed jitters over China’s economy and a slump in energy prices, pushing all major U.S. indexes into correction or bear market territory. Asian markets … Continue reading
Markets Crude futures are on the rise for the first time in eight days, with U.S. oil pulling further away from the $30-level breached last session following data from the American Petroleum Institute. According to the industry group, oil inventories … Continue reading