14.09.2022 06:00
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CMC Markets (UK)
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2022
Despite
posting their best levels in over a fortnight yesterday, European
markets plunged sharply in the afternoon session after US CPI inflation
fell back less than expected in August, while core prices jumped
sharply. The
effect on US markets was even more brutal with the S&P500 post...
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CMC Markets (UK)
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2022
13.09.2022 10:30
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CMC Markets (UK)
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2022
Earlier
this month the Ocado share price hit its lowest level in 4 years on
pessimism that management would be able to paint a narrative that involves the prospect of turning a profit, as it battled the multiple challenges of rising costs of raw materials, energy, and product. A
few months ago...
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CMC Markets (UK)
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2022
13.09.2022 07:00
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CMC Markets (UK)
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2022
Weakness
in European natural gas prices, along with optimism that US inflation
may well see another big fall later, today helped markets in Europe
close higher for the second day in a row yesterday.US
markets also enjoyed another positive session closing higher for the
fourth day in succes...
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CMC Markets (UK)
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2022
12.09.2022 07:00
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CMC Markets (UK)
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2022
After
another choppy week for European markets, a latter week rebound helped
to ensure a modest gain, while the FTSE100 was able to recover some of
the losses that had taken place over the previous two weeks.Even
US markets, which have seen sizeable losses over the last 3 weeks,
managed to...
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CMC Markets (UK)
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2022
08.09.2022 06:45
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CMC Markets (UK)
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2022
Yesterday
saw another choppy session for markets in Europe, with the FTSE100
finishing sharply lower due to weakness in crude oil prices, which fell
to their lowest levels since early February, as concerns over a global
recession increased. US
markets, on the other hand saw a positive fini...
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CMC Markets (UK)
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2022
07.09.2022 07:00
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CMC Markets (UK)
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2022
China trade disappoints, as Bank of Canada looks to another rate hike
European
markets managed to eke out a positive finish yesterday in a day that
saw UK and US bond yields surge, with the UK 10 year rising to its
highest level since 2011 and closing the gap with its US counterpart to
the narrowest since April 2016. The
sell-off in UK gilts appears to have...
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CMC Markets (UK)
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2022
06.09.2022 07:00
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CMC Markets (UK)
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2022
European markets got off to a poor start to the week yesterday in the wake of last week’s announcement that Gazprom wouldn’t be reopening its Nord Stream 1 pipeline as was expected over the weekend.Russia blamed the pipeline problems on EU sanctions for the sustained closure, and that unless the...
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CMC Markets (UK)
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2022
05.09.2022 07:00
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CMC Markets (UK)
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2022
While
European markets enjoyed a positive end to what was a
predominantly negative week, there was no such happy ending for US
markets which reversed their early gains, after European markets had
closed and finished the week sharply lower. The end of week lift to sentiment was a US payr...
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CMC Markets (UK)
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2022
01.01.1970 01:00
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CMC Markets (UK)
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1970
Yesterday’s US CPI report for December, while positive for the narrative that inflation is falling back sharply, as well as reinforcing the belief that the Fed will implement another downshift in the pace of their rate hiking cycle to 25bps, also presents the FOMC with a problem.It is welcome that...
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CMC Markets (UK)
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1970
01.01.1970 01:00
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CMC Markets (UK)
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1970
European markets finished the day higher for the second day in a row yesterday, although slightly worryingly we closed well off the highs of the day.US markets also got off to a flier led by the Nasdaq, however the early gains quickly unwound on reports that Apple was cutting production of its iPhon...
©
CMC Markets (UK)
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1970
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