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1 min read
Turkish Lira EXPLODES Higher After Stunning Central Bank Move
Here's a chart of the Euro vs. Turkish Lira. You can see the Lira is exploding higher, by dint of t…
1 min read
Euro hits 20-yr low as Russian pipe shutdown rocks markets
Financial markets are being rocked by the shutdown of Russias Nord Stream 1 pipeline, as the energy…
1 min read
NINE SESSION HOT STREAK: FTSE 100 breaks 7,200 for another record close
The FTSE 100 closed up 0.20%, or 14.19 points, at 7,209.50 on Friday, breaking through the symbolic…
Oscar Williams-Grut
2 mins read
Oil is at a 7-month high
API is the American Petroleum Institute, which measures the supply of oil in the US. Traders are ho…
Oscar Williams-Grut
1 min read
Industrial Production Data Out Of The UK Is Frightful
The UK is now considered to be the real sick economy of Europe, as the sterling has been hammered a…
2 mins read
China's factory activity and retail sales grew by the most in 10 months in October, as the world's second biggest economy leaves COVID-19 behind
Industrial production grew by the most so far this year in October, while retail sales also improve…
Amanda Cooper
2 mins read
US tech stock futures rally after Alphabet's blowout earnings, while a weaker dollar lifts oil towards $90 a barrel
Big Tech boosted US stock futures as Google's parent company Alphabet reported a massive earnings b…
Adam Morgan McCarthy
2 mins read
The Russian ruble is getting killed for the second day running - and analysts think things could get worse
Hussein Sayed, the chief market strategist at FXTM, said in an email on Tuesday morning: "The new g…
Oscar Williams-Grut
2 mins read
Corporate America's 'greedflation' window of opportunity is closing as consumers tighten their purse strings - and the markets will feel the pinch, experts say
"The squeeze is going to take its toll and the window of easily passing on cost increases to end co…
Zahra Tayeb
2 mins read
Shell shares just hit a 6-year low
This appears to be quite an about-turn from July when the company embarked on the hugely controvers…
Oscar Williams-Grut
2 mins read
Barclays says 3,000 jobs have been culled so far this year
"At the end of Q1 there were a number of questions about how Jes Staley's plan for the bank was pla…
Yusuf Khan
1 min read
Here comes UK manufacturing...
Michael Hewson, the chief market commentator at CMC Markets, says in his morning email on Tuesday: …
Oscar Williams-Grut
3 mins read
European shares rise ahead of more ECB stimulus, while another delay to Brexit talks hit the pound
European shares edged higher ahead of an expected boost to monetary stimulus from the ECB, while th…
Amanda Cooper
1 min read
Oil is hanging onto yesterday's big gains
Michael Hewson, chief market commentator at CMC Markets, says in an email on Wednesday morning: "Re…
Oscar Williams-Grut
2 mins read
The dollar is going crazy right now
Michael Hewson, analyst for CMC Markets, said: "Despite some fairly neutral comments from Fed Chief…
Oscar Williams-Grut
2 mins read
The pound is falling again
Michael Hewson, chief market analyst at CMC Markets, says in an email on Wednesday morning: "Yester…
Oscar Williams-Grut
2 mins read
The pound is suffering
Michael Hewson, chief market analyst at CMC Markets, says in an emailed statement: "[The pound] con…
Oscar Williams-Grut
4 mins read
FinCEN papers were only a small part of European bank share's sell-off: 3 other reasons why bank stocks crashed
IG's Chris Beauchamp said the FinCEN claims were "only one third of the reason" for the sell-off. N…
Saloni Sardana
2 mins read
REFERENDUM POLLS: We're hurtling towards a Brexit - now the pound is diving
A YouGov poll for ITV's Good Morning Britain programme on Monday showed that 45% of voters would cu…
Oscar Williams-Grut
2 mins read
The pound fell off a cliff in early trade and is back at 30-year lows
Michael Hewson, chief market analyst at CMC Markets, says in an email sent early Monday morning: "T…