Author: Michael Hewson
Clear filter
14.10.2022 07:45
©
CMC Markets (UK)
|
2022
The early part of yesterday’s trading saw European markets slide into the red, a trend that was reinforced when US core CPI hit its highest level in 40 years at 6.6%, beating expectations.US markets also opened sharply lower, as markets started to price in the prospect of not only a 75bps rat...
©
CMC Markets (UK)
|
2022
13.10.2022 07:10
©
CMC Markets (UK)
|
2022
It was another disappointing session for the FTSE100 yesterday as the UK blue chip closed at an 18-month low, dragged lower by a sharp fall in banks and house builders as a result of a sharp rise in long term yields.This rise in yields has been driven over concerns about the fiscal plans of the UK g...
©
CMC Markets (UK)
|
2022
12.10.2022 06:15
©
CMC Markets (UK)
|
2022
UK markets in focus after Bailey says gilt program will end this week
European markets fell back for the fifth day in succession yesterday, weighed down by concerns over the global economy, after the IMF warned about the outlook, as well as warning that the “worst is yet to come”.US markets also fell back initially, with the S&P500 hitting its lowest level thi...
©
CMC Markets (UK)
|
2022
11.10.2022 07:15
©
CMC Markets (UK)
|
2022
While
the last two weeks have seen quite a lot of volatility, equity markets
in Europe have struggled to go anywhere, although they remain very much
in a down trend. With
the DAX ending lower for the third successive quarter, and at its lows
of the year, we saw a solid rebound last week, h...
©
CMC Markets (UK)
|
2022
23.09.2022 14:03
©
CMC Markets (UK)
|
2022
This morning’s mini budget has elicited quite the reaction in currency and bond markets with the pound and bond market seeing sharp falls, after the Chancellor of the Exchequer unveiled his new fiscal plans. He started with outlining what we already knew about, capping the cost of energy for...
©
CMC Markets (UK)
|
2022
23.09.2022 07:00
©
CMC Markets (UK)
|
2022
It
was a busy day for central banks yesterday with multiple rate hikes
across the board from the Norges Bank, Swiss National Bank and the Bank
of England following on from another hawkish decision from the Federal
Reserve on Wednesday night. The
declines in equity markets yesterday were pr...
©
CMC Markets (UK)
|
2022
22.09.2022 11:15
©
CMC Markets (UK)
|
2022
The Bank of Japan has intervened in the currency markets this morning, only this time rather than rate-checking the USD/JPY rate they actively intervened by selling US dollars for the first time since 1998.Today’s move came only hours after the central bank left its own monetary policy unchanged i...
©
CMC Markets (UK)
|
2022
22.09.2022 07:00
©
CMC Markets (UK)
|
2022
As
expected, the Federal Reserve raised rates by 75bps pushing the Fed
funds rate up to 3% to 3.25%, pushing the US dollar to a new 20 year
high, and sending the 2-year yield above 4% for the first time since
2007. The
Fed also set out new projections for the benchmark rate raising th...
©
CMC Markets (UK)
|
2022
21.09.2022 06:51
©
CMC Markets (UK)
|
2022
European
markets and US markets fell back sharply yesterday as bond yields in
the US, as well as across Europe, hit their highest levels in over 10
years in anticipation of further aggressive interest rate rises from
central banks over the next few weeks. The
slide in US markets which saw...
©
CMC Markets (UK)
|
2022
20.09.2022 07:01
©
CMC Markets (UK)
|
2022
In
the absence of UK markets, due to the funeral of Queen Elizabeth II,
European markets got off to a mixed start to the week, with all eyes on
the conclusion of the latest Federal Reserve rate meeting, which starts
today. US
markets also got off to a cautious start yesterday, coming off t...
©
CMC Markets (UK)
|
2022
Showing 61 to 70 of 83 entries
