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In response to Prime Minister Liz Truss' defense earlier today of Friday's massive package of unfunded tax cuts that rocked markets, the pound sterling lost two days' worth of gains, and UK gilt...
No fundamental justification for a market bottom yet Dow has broken its corresponding summer lows, S&P likely to follow suit Lower lows and highs mean short always preferred over long...
Bank of England fails to reassure investors with emergency rate hike Bond yields soar amid talk of a historic bear market Bank of Japan defies trend but yen’s fall requires intervention The UK...
Major currencies have been in freefall over the last few months as the Fed remains steadfast in its goal to tame U.S. inflation The fixed-income market has become unglued as Forex volatility surges A...
GBP/USD crashed to a record low and then bounced Fears over mismanagement of UK economy high, but will BoE act? Volatility means lots of trading opportunities for short-term speculators The pounding...
Actions and reactions. That is one way to sum up the week that was in the markets, as events – both big and small – reverberated through Wall Street and beyond.First, yesterday’s...
After a busy week for central banks, nothing has changed to alter my bearish outlook on the stock markets. I continue to expect to see new lows on the year on the major European and US indices. The...
Gold continues to be undermined by rising dollar and yields Rising interest rate expectations reduce appeal of zero-yielding assets Metal is testing key support, but it could break it this time Gold...
US Dollar could weaken on profit taking in light of poor data All eyes and ears on Jackson Hole and Powell speech on Friday Bullish engulfing at prior lows points to at least a short...
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