Oil prices soared Thursday on tensions surrounding key producer Russia, as equities diverged with traders also tracking interest rate decisions and China’s pledge to support volatile markets. The price of benchmark oil
European stock markets climbed at the open Thursday, with investors widely expecting the Bank of England to announce a third straight interest rate rise to combat decades-high UK inflation. London’s benchmark FTSE
By Han Tan, Chief Market Analyst at Exinity Group Asian stocks are following Wall Street’s positive lead, while European equity futures are inching higher Wednesday even as their US counterparts remain mixed.
Investors seem to be topping up their portfolios with stocks as inflation expectations cool for the rest of 2022, and central banks, such as the Bank of England, the U.S. Federal Reserve,
By Han Tan, Chief Market Analyst at Exinity Group The benchmark crudes Brent and WTI are edging higher and hovering around their highest levels since 2014 in the leadup to Wednesday’s OPEC+
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were mixed on Thursday following a rally on Wall Street overnight as markets offered an initial positive reaction to the Federal Reserve’s
With the economy taking a hit due to the coronavirus pandemic, most central banks around the world resorted to enacting various quantitative easing (QE) measures to salvage the situation. However, leading economies
By Lukman Otunuga, Senior Research Analyst at FXTM In a move that confounded market expectations, the Bank of England left interest rates unchanged at a record low of 0.1%, even as it
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares were mixed on Tuesday as investors braced for a pivotal week, jampacked with key central bank meetings and economic reports from major
By Hussein Sayed, Chief Market Strategist at Exinity Central banks are taking steps toward normalising monetary policies. Economic growth already seems to have peaked; inflation is trending higher, short term interest rates
