Βy Lukman Otunuga, Senior Market Analyst at FXTM Asian stocks crawled higher on Wednesday, following the positive cues from Wall Street overnight after the S&P500 closed at its highest level in 2023.
By Craig Erlam A raft of weaker services surveys have weighed on sentiment in Europe at the start of the week, while Wall Street is more of a mixed bag. Investors are
By Moody’s Analytics The details to April’s U.S. consumer price index were more favourable than the topline figure would suggest at first glance. Excluding food and energy, the CPI was up 0.4%
Investor focus is set to shift from inflation to earnings season, starting Friday with JPMorgan Chase, Citigroup and Wells Fargo, as it will give us more insight about a forthcoming recession, says
By Lukman Otunuga, Senior Research Analyst at FXTM The next few days could be wild and incredibly volatile for financial markets thanks to key central bank meetings, a semi-annual Congress appearance
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares rose on Tuesday, following the positive cue from Wall Street overnight, as growth stocks looked enticing ahead of major tech earnings. Mounting
By Craig Erlam Investors are in a more upbeat mood Thursday as the relief from the US inflation data ripples through the markets. Positive surprises have been hard to come by on
By Han Tan, Chief Market Analyst at Exinity Group Market volatility has eased in the lead up to Wednesday’s highly anticipated US CPI data. The VIX index has moderated closer to 20,
By Lukman Otunuga, Senior Research Analyst at FXTM Asian shares struggled for direction Tuesday morning as concerns about inflation and the outlook for economic growth weighed on sentiment. Overnight, Wall Street’s main
By Jeffrey Halley You had the feeling that Wall Street, with perpetually itchy buy-button trigger fingers, was primed for this FOMC. As expected, the FOMC raised the Fed Funds target by 0.75%,
