Yesterday's optimism has certainly faded.The market appears to be indicating that problems in the gilt market aren't solved and when inflation peaks is certainly an open question. Add up the rest of the...
US Dollar (DXY) News and AnalysisDollar drops, equities rally after CPI proves hotter than expected. But why?US dollar (DXY) unlikely to be derailed from long-term trendLack of high importance US data (apart from...
Eurostoxx +1.8%Germany DAX +1.7%France CAC 40 +1.7%UK FTSE +1.4%Spain IBEX +1.6%This extends the mood from yesterday as European stocks are catching up to the surging gains and turnaround in Wall Street yesterday. There...
It was a bit of an odd reaction after the hotter-than-expected US CPI yesterday. It wasn't so much so that we saw a major turnaround in sentiment but more so that it came...
Stocks are making a big of a comeback and oil is nearly back to unchanged ahead of the EIA weekly report.There's some talk of negotiations from Russia but I don't think that's the...
3568 was the low in the S&P 500 and the index has since bounced to 3605, which is nearly 40 points. The index now rests down just 7 points on the day. In...