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Markets
Trade war fallout could trigger deep Eurozone rate cuts, Pimco warns
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Bond giant Pimco has warned the fallout from a trade war…
UK regulators urged to make City firms report data on ‘class ceiling’
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The “class ceiling” restricting people with poorer…
Australian Dollar plunges and approaches August lows
On Friday, AUD/USD dropped near its August lows at 0.6350, following the release of the US NFP report for November.
The US jobs report showed a much…
Fed’s Daly: We are ready to raise rates if inflation breaks out again.
Federal Reserve (Fed) Bank of San Francisco President Mary Daly cautioned markets on Friday, warning that despite data still leaning toward the Fed achieving…
NZD/USD Price Analysis: Pair plunges to 0.5830 after rejection at 20-day SMA
NZD/USD drops sharply on Friday, settling around 0.5830.
Pair faces strong resistance at the 20-day SMA, which remains unbroken.
Indicators show weakening…
Dow Jones Industrial Average declines further on Friday
The Dow Jones shed another third of a percent to wrap up the trading week.
US NFP jobs figures came in above expectations, but the US Unemployment Rate also…
Amazon stock notches sixth straight gain on Friday
Amazon stock closes 2.94% higher at new all-time high.
November NFP hits well above expectations on Friday.
Amazon is still seeing positive vibes from its…
Allianz pauses talks with Amundi to form €2.8tn asset management giant
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Allianz has paused talks with Amundi and its majority…
NZD/JPY Price Analysis: Pair retreats to 87.50 as losses resume
NZD/JPY fell to 87.48 on Friday, extending its weekly losses.
Indicators are dangerously close to oversold conditions, signaling a potential correction.…
Investment trusts: a 150-year-old industry under siege
It is perhaps no surprise that an industry that has been around for more than 150 years is going to have to battle to remain relevant. Investment trusts were under siege last year…