Best ETFs for an environment with rising interest rates August 19, 2022 On 4th August, the Bank of England raised interest rates by an outsize 0.50% – the largest single increase since 1995, taking the Bank Rate to 1.75%. This follows on from the Fed’s second 0.75% rate hike on 27th July, as Central Banks try to rein in inflation. Whether or not interest rate rises will [...]
The end of the bear? This time is different August 11, 2022 Dr Chris Kacher unveils the exciting possibilities that lie ahead in the crypto markets, but with one eye on the macro.
Are we on the cusp of the next Bitcoin bull run? August 11, 2022 Nigel Green says he would not be surprised for Bitcoin to hit $70,000 this year, and surpass the all-time high of $68,000.
Ed Warner: English cricket has picked the right man to solve its problems – at last August 11, 2022 It’s only taken the best part of 10 months and two attempts, but the England and Wales Cricket Board’s search for a new chair has at last come up with the outcome that the counties identified for it from the off. Richard Thompson, until now chair at Surrey, is clearly the best person for the [...]
US inflation cools quicker than expected in sign Fed’s rate hikes are quashing prices August 10, 2022 US inflation is cooling much quicker than experts are betting in a sign the Federal Reserve’s series of steep rate hikes are quashing price pressures. Prices climbed 8.5 per cent annually in the world’s biggest economy last month, down from a 40-year high of 9.1 per cent, the US Labor Department said today. Wall Street [...]
Recession fears outweigh tight supplies as oil market rally remains elusive August 9, 2022 Oil prices edged up today, even though both major benchmarks remain weighed down by fears of a drawn-out economic downturn.
US inflation shock may force Fed to launch one percentage point rate hike August 9, 2022 A scorching set of new US inflation numbers released tomorrow could force the Federal Reserve to hike interest rates by the steepest amount in recent history, Wall Street analysts are betting. Fed chief Jerome Powell and co have already had to hike the world’s most important interest rate by 225 basis points since March, the [...]
Facebook, TikTok and fake news play key role in Kenyan elections: Millions to vote today after ugly online campaigns August 9, 2022 NAIROBI – Politicians and political parties across Kenya have spent tens of millions on social media campaigns in recent weeks in a last effort to win over voters, as the East African country is going to the polls today. Alongside hundreds of genuine statements and ads, fake and false online claims play a key role [...]
China trade surplus hits record high while markets nervously await Fed’s next move August 8, 2022 Markets in Europe look set to open slightly lower as we start a new week after US markets closed mixed on Friday, and the latest July trade data for China pointed to weak domestic demand. Any thoughts that the US Federal Reserve might have to start going soft when it comes to the tightening of [...]
Steaming US jobs market raises risk of another jumbo Fed rate hike August 7, 2022 The US jobs market is still steaming despite the world’s biggest economy wobbling under the weight of soaring inflation and higher interest rates, figures published last week showed. America added 528,000 jobs in July, pushing the unemployment rate down to 3.5 per cent, below pre Covid-19 levels, according to data from the US Labor Department. [...]