Argentina Names New Central Bank Chief as Peso’s Plummet Worsens
July 11, 2018

Argentina’s central bank is getting a new chief after the monetary authority failed to stop the peso’s plunge despite obtaining the biggest loan in the history of the International Monetary Fund.

Luis Caputo, previously the finance minister, will take over Continue reading

Erdogan Election Triumph Takes Turkey Into Era of One-Man Rule
July 5, 2018

Recep Tayyip Erdogan, modern Turkey’s longest-serving ruler, won a mandate to govern with sweeping new powers after a double victory in presidential and parliamentary elections.

Erdogan had 53 percent of the presidential vote to 31 percent for his closest challenger, Continue reading

Plain English Powell Praises U.S. Economy After Rate Hike
June 15, 2018

Federal Reserve Chairman Jerome Powell signaled growing optimism on the U.S. economy while trying to reassure investors that the central bank would not derail the country’s second-longest expansion by aggressively tightening monetary policy.

Fed officials on Wednesday raised interest rates Continue reading

Powell Says Strong Outlook to Prod Fed to Review Rate-Hike Path
March 21, 2018

Jerome Powell opened the door to the Federal Reserve raising U.S. interest rates four times this year as he acknowledged strengthening economic growth and inflation may prompt policy makers to rethink their plan for three hikes.

“My personal outlook for Continue reading

What Just Happened? Six Views on How the Correction Finally Came
February 20, 2018

Like everything in markets, this defies easy narratives. Is it rising yields, hedge funds selling out of arcane positions, inflated valuations bursting or none of the above? After two days of relative peace, investors theorized on what drove U.S. stocks Continue reading

Traders Are Asking If the Bond and Stock Selloff Is the Start of Something Big
February 19, 2018

They’ve faced threats before: swollen valuations, a stagnating economy, stretches of declining earnings. Now investors are dealing with a new menace, and it’s wreaking more havoc than anything in two years.

It’s the bond market, where the biggest jump for Continue reading

U.S. Stocks Sink Most Since 2011 as Rout Deepens: Markets Wrap
February 13, 2018

U.S. stocks plunged the most in 6 1/2 years, with the Dow Jones Industrial Average sinking more than 1,100 points, as the equity selloff reached a fever pitch amid rising concern that inflation will force interest rates higher. Treasuries rallied Continue reading

Dow Jones suffers worst day in over six years as global stock markets plunge
February 7, 2018

The Dow Jones industrial average dropped 4.6% as investors fled amid fears of rising interest rates: This was volatility unleashed

Dow Jones suffers worst day in over six years as global stock markets plunge

The Dow Jones industrial Continue reading

Financial markets could be over-heating, warns central bank body
December 14, 2017

Bank for International Settlements quarterly health check warns global economy resembles era just before financial crash

Investors are ignoring warning signs that financial markets could be overheating and consumer debts are rising to unsustainable levels, the global body for central Continue reading