On Friday, shares in the Asia-Pacific markets were trading mostly lower, which was the last day of the third quarter of the year. This came after another sell-off overnight on Wall Street…
Category: Forex
European Shares Fall On Recession Worries
On Thursday, European stocks declined, as relief from the bond buyback plan announcement of the Bank of England (BoE) fizzled out. Meanwhile, the economic data from Germany turned out to be grim,…
London’s FTSE 100 Rises As BoE Steps In
On Wednesday, the blue-chip FTSE 100 index managed to erase some of the steep losses of the trading sessions and closed the day higher. As for the mid-cap index, it was able…
European Shares Fall As UK Adds To Rate Hike Concerns
On Tuesday, European stocks declined, which saw them extend a sell-off due to rising recession fears amidst aggressive policy tightening from global central banks. Stocks in London were also reeling because of…
Stocks Gyrate And Dollar Rises As Fed Stays Hawkish
On Wednesday, US equities rose before declining with Treasury yields also making the same moves, as markets had a wild reaction to the conclusion of the Federal Reserve’s meeting. The US central…
Wall Street Drops As Fed And Ford Forecasts Cause Fear
On Tuesday, Wall Street recorded declines as shortly before the US Federal Reserve meeting, which is expected to bring another hike in the interest rate, gave further evidence as to why taming…
Wall Street Ends Session Higher With Fed In Focus
On Monday, major US equities index ended the day higher, after seesawing for most of the day, as investors were focused on the meeting of the US Federal Reserve scheduled for this…
European Stocks Fall As Recession Fears Grip World Markets
On Friday, there was a 1.6% drop in European stocks, as investor sentiment took a beating due to two major global financial institutions issuing recession warnings and bets of a big interest…
European Shares Decline For Third Day On Oil And Tech Losses
On Thursday, European stocks ended lower after giving up gains they had recorded earlier in the day, with the highest declines recorded in technology and energy shares. This was because risk sentiment…
Wall Street Drops As CPI Data Confirms Another Rate Hike
On Tuesday, there was a broad sell-off in US markets that saw Wall Street slide after inflation data turned out to be hotter than expected. Thus, it ended up dashing any hopes…
FTSE 100 Climbs To Two Week Highs Thanks To Miners And Banks
On Monday, US shares ended the day on a higher note, thanks to a surge in mining and banking stocks. This drove the FTSE 100 index to its highest in two weeks,…
Stocks Drop On Rate Hike Bets And Yen Declines
On Wednesday, European equities opened lower, as traders had hiked up their bets for the rate hike from the Federal Reserve after the latest economic data released in the United States. This…
European Shares Steady After A Rough Start
After experiencing a rough start to the week because of a looming recession and energy crunch, European stocks had a volatile trading session on Tuesday that saw them end the day higher….
European Shares Snap Five-Day Losing Streak
On Friday, there was a 2% gain in European stocks that saw them end a losing streak that had been ongoing for the last five sessions. They managed to snap their streak…
