From the Fed to the currency crisis in Europe, here’s what’s behind this sell-off in the financial markets:

Trader on the floor of the NYSE, June 7, 2022. Source: NYSE Stocks fell sharply, bond yields rose and the dollar strengthened Friday as investors heeded the Federal Reserve’s signal that the battle with inflation could lead to much higher interest rates and a recession. The sell-off was global on Friday, in a week in … Read more

European stocks soar higher after record ECB interest rate hike; BoE postpones meeting

Bank of England postpones policy meeting after Queen’s death The Bank of England said Friday it would postpone the September Monetary Policy Committee meeting for a week after Queen Elizabeth II’s death. The UK is in a period of national mourning after the passing of the Queen, Britain’s longest serving monarch, who died Thursday at … Read more

Investors process Powell price warning

European markets were lower on Monday after US Federal Reserve chairman Jerome Powell announced that higher interest rates were likely to persist in a bid to curb rising inflation. All sectors and major markets moved into negative territory during the early morning deals in London. Tech stocks led the losses, falling nearly 1.7%. The German … Read more

Fear of Fed increase, Jackson Hole in the picture

London Stock Exchange Toby Melville | Reuters The pan-European Stoxx 600 fell 1.2% in the mid-morning, with cars falling 2.8% to take losses as all sectors and major exchanges traded in negative territory. Risk sentiment was dampened by aggressive signals from ECB policymakers, with Bundesbank president Joachim Nagel telling a German newspaper that the ECB … Read more

European markets: follow global caution

Cineworld shares plunge 60% Cineworld, which operates 9,000 theaters in 10 countries, has warned that a lack of blockbusters is hurting filming. Geography Photos | Universal Images Group | Getty Images British cinema chain Cineworld Group saw shares plummet Friday after reports it is preparing to file for bankruptcy after failing to lure viewers back … Read more

Big week for earnings, monetary policy

LONDON – European markets are set to retreat Monday as investors brace for a big week of corporate earnings and a key monetary policy decision by the US Federal Reserve. The UK’s FTSE 100 is about 29 points lower at 7,247 points, the German DAX is expected to lose about 83 points to 13,171 and … Read more

European Markets Open to Shutdown, Jobs Report, Inflation Data, Fed

LONDON – European stocks are expected to open lower Monday as investors prepare for more key inflation data out of the US this week. The UK’s FTSE index opens 65 points lower at 7,137, Germany’s DAX is down 124 points at 12,879, France’s CAC 40 is down 61 points at 5,969 and Italy’s FTSE MIB … Read more

European markets open to close as recession concerns persist

LONDON – European stocks are expected to open lower on Thursday as investors worry about the health of the global economy. According to data from IG, the UK’s FTSE index opens 19 points lower at 7,290, Germany’s DAX 27 points lower at 12,979, France’s CAC 40 22 points lower at 6,001 and Italy’s FTSE MIB … Read more