An eye on the New Year

By Craig Erlam We’re seeing choppy trade in financial markets on Wednesday in what is always quite thin trade as investors continue the festivities into the new year. And there’s certainly a

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Playing the Grinch

By Craig Erlam Stock markets are going into the festive period in a downbeat mood, as central banks this week reaffirmed their commitment to raising rates. The prospect of a Santa rally

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Will the Fed deliver?

By Craig Erlam Equity markets are paring gains ahead of the Federal Reserve announcement on Wednesday, perhaps a little caution ahead of the final decision of the year. The announcement, forecasts, and

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A steady start

By Craig Erlam Stock markets were off to a cautious start on Monday in what is expected to be a massive week in financial markets and the final all-action one of the

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Wind out of the sails

By Craig Erlam Stock markets were making small losses on Tuesday, while US futures were relatively unchanged. The recovery rally has lost momentum in recent sessions, which is understandable after that jobs

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Awaiting the Fed minutes

By Craig Erlam Equity markets appear to be treading water on Wednesday as we await the latest batch of FOMC minutes later in the day. Asia played catchup overnight after Europe and

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Uncertain times

By Craig Erlam Equity markets are back in the green on Friday after a choppy week in which the recovery rally has stalled. Efforts by Fed policymakers to manage market expectations have

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US consumer remains strong

By Craig Erlam Equity markets in Europe were back in the red on Wednesday, while the US looks largely unchanged early on Wall Street. Reports of missile strikes in Poland on Tuesday

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A choppy start

By Craig Erlam It’s been quite a choppy start to the trading week, with much of the focus on China where Covid relaxation measures and property market support have brought some relief.

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Hope fades ahead of CPI data

By Craig Erlam We’re seeing some risk aversion in markets on Thursday as we await inflation data from the US later in the week. It probably won’t come as a surprise to

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