The FTSE100 is reeling from a back-to-back knock from inflation growth (now at 10.4% Year-on-Year from 10.1%) and a 25 basis point rate hike by the Bank of England. The…
High inflation generally leaves a bad taste in economists’ mouths. It comes with a bucketload of issues for various stakeholders of the economy grappled by it. The Proshares UltraPro Russell2000…
The Gold Spot price (XAUUSD) surged to the highs of the second quarter of 2022 on the back of safe-haven demand brought about by the collapse of large banks in…
The WTI Crude Oil Futures (NYMEX: CL) gained a whopping 7.67% from the week’s lows. Despite being far off from the highs, bullish traders re-entered the market with hopes that…
Risk assets gained favour at the week’s open following calm restored in the banking sector as big global banks and authorities coordinated to ring-fence banks with their backs against the…
The EURJPY currency pair has gained 1.43% as the market recovers losses incurred during the Asian Session. The Euro lost ground to the Yen as the banking sector’s fears continued…
Risk sentiment subsided as confidence in the global banking sector eroded last week. Credit Suisse spent the week on the front pages as a selloff caused by contagion from the…