Sea of red: Looming US Fed rate hike spree sends chill through global markets January 24, 2022 A sea of red engulfed global markets today as a looming rate hike spree from the US Federal Reserve sent investors fleeing stock markets. Traders dumped shares on fears the Fed will send the strongest signal yet on its intention to rapidly rein in ultra-stimulative monetary policy at its meeting of rate setters on Wednesday. [...]
Slump deepens for crypto market as Bitcoin slides below $34,000 January 24, 2022 The crypto market continues to spiral downwards with Bitcoin today shedding five per cent of its value to stand below $34,000.
Slow bleed out of crypto continues, but can the US central bank deliver positive news? January 24, 2022 The slow bleed we’ve seen in the crypto markets accelerated on Friday, with the Bitcoin price dropping below $40k and falling to £35k.
Former BoE deputy governor warns of rapid rate hikes to quash inflation January 24, 2022 The Bank of England has backed itself into a corner by refusing to hike interest rates despite inflation surging to historic highs, a former top official at the central bank has warned. Inertia toward the soaring cost of living during the back end of last year means the Bank will have to rush through a [...]
Imminent US Fed rate hike cycle to jolt London markets this week January 23, 2022 Strong signals from the US Federal Reserve that a rate hike cycle is imminent at its latest meeting this week could jolt London’s financial markets. The Fed’s Federal Open Market Committee (FOMC), its group of rate setters, are expected on Wednesday to hint that a series rate rises will start in March. The world’s most [...]
Amazon, NHS, Google, Tesco or Apple perhaps: These are the companies we want to work for the most January 22, 2022 As we all have differing dreams and ambitions, the organisation we want to work for can vary. S ome of us are motivated by working in sectors that offer the most financial gain, whereas others are interested in jobs that can make a real difference in the world. But is there a particular organisation that [...]
Remembering the birth of the the metaverse January 18, 2022 Dr Chris Kacher looks back on the foundation days of the metaverse - a time when he was known as Damien the Dreaded and Redrum.
Gold glints with opportunity as Federal Reserve mulls interest rate hike to combat rising inflation January 17, 2022 Impending increases in US interest rates could power gold’s performance over the coming weeks according to market analysts, with prices currently treading water at just over $1,820 per ounce.
What should you look out for ahead of Q4 US earnings season? January 17, 2022 US reporting season US earnings season started the week beginning the 10th of January, 2022 and will stretch until the middle of February. What are profits looking like? The S&P 500 is tipped by analysts to deliver another robust quarter of earnings growth. According to financial data company FactSet, the market ought to deliver earnings growth of [...]
Asset manager Ashmore reports stunted growth as ‘challenging’ conditions plague emerging markets January 17, 2022 Specialist Emerging Markets asset manager Ashmore announced a 4.4 per cent drop in assets under management (AuM) following “challenging market conditions”.