Investors flee ESG funds amid market volatility February 15, 2022 Investors fled ESG funds last month as global market turbulence saw investors seeking steadier territory in financial stocks, new data has revealed.
Bank of England to send rates to decade-high by this summer February 14, 2022 The Bank of England will raise interest rates to their highest level in over a decade by the summer, City experts are forecasting. Soaring inflation will prompt the Bank to ignore the potential hit to the economic recovery from a sharp reduction in Brits’ spending power and send rates to 1.25 per cent by August, [...]
Golden opportunity: Safe haven asset soars following deepening market turmoil February 14, 2022 Gold has maintained last week's rally, following the escalation of geopolitical tensions between Russia and the West over the future of Ukraine.
Uncertain week ahead: Nervous markets hold their breath as Ukraine-Russia tensions reach boiling point February 14, 2022 Despite Friday’s weakness European markets still managed to finish the week higher, with the FTSE100 finishing higher for the second week in a row. For US markets it was a week of two halves, with a decent first half undermined by two days of sharp losses, which were prompted by an unexpectedly hot January CPI [...]
US Fed to embark on fastest tightening cycle in recent history, warns Goldman Sachs February 13, 2022 The US Federal Reserve will embark on the fastest tightening of monetary policy in recent history this year to tame runaway stateside inflation, Wall Street analysts are betting. Chair Jerome Powell and co will lead the charge against the soaring cost of living across the pond by hiking interest rates seven times in 2022, according [...]
Stateside inflation climbs to four decade high dialling up pressure on US Fed to go further and faster February 10, 2022 Stateside inflation is running at its hottest rate since the early 1980s, piling even more pressure on the US Federal Reserve to launch a stauncher and faster rate hike cycle. Prices in the US are 7.5 per cent higher than they were a year ago in January, according to fresh figures published today by the [...]
Stablecoins are not the future of payments, says New York Fed Bank February 8, 2022 The Federal Reserve Bank of New York has poured cold water on claims that stablecoins could form the basis of a future digital payments system.
Crypto investment products hit by record outflows February 7, 2022 Crypto investment products have suffered record outflows at the start of 2021 as investors lost their appetite for risk.
Business of Space: Is there anything slowing down space-tech investing? February 5, 2022 This week Orbex files for UK launch licence More than £100m in fresh investment for ICEYE Military eye Isotropic Systems’ landmark tech Orbex applies for licence as UK heads for landmark launches this year The countdown has begun for the UK’s first-ever launches from British soil this year, which has prompted rocket firm Orbex to [...]
US jobs surge by 467,000 in a month beating estimates February 4, 2022 The US added 467,000 new jobs to the payroll in January beating estimates despite business closures caused by Omicron.