What’s behind market volatility in China? March 23, 2022 It’s been a rollercoaster week for Chinese stock markets. We explain why and get the views of Schroders’ experts Robin Parbrook, Maggie Zheng and David Rees. In the last week, equity markets in mainland China and Hong Kong Special Administrative Region have experienced a rout, and a subsequent rally in the past two days. At [...]
The City View: Susannah Streeter and Michael Hewson on the Fed taming inflation, and the Spring Statement March 22, 2022 Today Charlie Conchie hosts The City View, talking to Hargreaves Lansdown’s Susannah Streeter and CMC Markets’ Michael Hewson. They discuss the Chancellor’s Spring Statement amidst this morning’s lacklustre public sector borrowing figures; Federal Reserve Chair Jerome Powell’s hawkish remarks on inflation; and oil prices, their link to inflation, and their considerable fluctuation this week. Charlie [...]
Embarrassed UK Ministry of Defence hits out at Kremlin ‘propaganda’ as second prank video of Ben Wallace emerges March 22, 2022 The UK government accused Russia this afternoon of spreading “propaganda” to distract from its atrocities in Ukraine after a second hoax video featuring Defence Secretary Ben Wallace was published. Vladimir Putin’s Kremlin has been squarely blamed for the imposters’ calls with three Cabinet ministers, as officials appear to struggle to get the clips removed from [...]
Web3 is a triumph of evolution over Web2, and we need to embrace this gift March 22, 2022 Crypto AM's Dr Chris Kacher explains why a spritely Web3 wins on every level in a head-to-head with the lumbering Web2.
1 Minute Market Rundown – 22nd March 2022 March 22, 2022 Russia – UkraineYields in focusPowell doubles down on hawkish stanceCrypto finds support You would have been forgiven for thinking central banks had reached peak hawkishness with a war ongoing in Europe. Jerome Powell has decided to make a laughing stock of us all. In a speech yesterday, Powell doubled down and completed a quite incredible [...]
UK markets: ‘Penny is dropping’ there will be no immediate ceasefire in Ukraine while focus shifts to Sunak’s ‘double whammy’ March 22, 2022 European markets underwent a subdued start to the week yesterday, with the FTSE100 outperforming on the back of another day of advances for crude oil prices, pushing the index to close at its highest level since 28 February. “The main reason for the move higher in oil prices was reports that the EU was considering [...]
1 Minute Market Rundown – 21st March 2022 March 21, 2022 Russia – UkraineRisk bouncesCrypto finds support We find it rather telling that on Friday, a day you would have expected risk to be sold as the market headed into the weekend, saw stocks and crypto push higher. Now there could be a number of reasons for this. 1) the market is becoming accustomed to the [...]
Arnold Schwarzenegger becomes internet sensation in heavily censored Russia as Arnie urges Putin to ‘stop it’ March 20, 2022 A video message from Hollywood legend and former California governor Arnold Schwarzenegger is going viral in Russia.
Europe set to open higher as Bank of Japan keeps policy unchanged March 18, 2022 European and US stocks have continued to recover lost ground this week, despite there being little prospect of a ceasefire, or imminent cessation of hostilities, between Russia and Ukraine. “We did falter a little bit during the European trading session after the Kremlin poured cold water on reports of major progress on peace talks, calling [...]
Gold prices recover despite Federal Reserve rate hike March 17, 2022 Gold prices have surged to $1,941 per ounce despite the US Federal Reserve increasing interest rates by 25 basis points.