US open: Stocks rise as recession fears are pushed aside for now
US stocks are rising despite recession fears lingering. The mood had improved even if the data hasn’t.
US open: Stocks rise, jobless claims little changed, Powell next
Stocks edge higher as investors digest the latest jobless claims and look to Fed Powell who testifies again.
Two trades to watch: DAX, EUR/USD
German DAX falls as Powell warns of recession & ahead of PMIs. EURUSD looks to PMI data, Powell's testimony.
US open: Stocks tank on recession fears ahead of Powell’s testimony
US stocks are set to fall sharply on the open after yesterday’s rally proved to be short-lived and as all eyes are on Fed Chair Powell as his two-day testimony before Congress begins.
FTSE falls as UK inflation rises
FTSE falls as UK inflation rises, Where next for the FTSE?, Oil tumbles ahead of Powell, Where next for WTI oil?
US open: Stocks rebound as sentiment improves but recession risks remain
US stocks are set to open higher today, on the first day of trading after the long weekend and after the steep losses last week.
Two trades to watch: GBP/USD, USD/CAD
GBP/USD rises despite strike action. USD/CAD falls ahead of retail sales, Fed Powell.
FTSE rebounds after large losses
The FTSE fell 4.1% last week, tumbling to a three and a half month low. Today risk sentiment has improved and banks do the heavy lifting.
Two trades to watch: EUR/GBP, Gold
EUR rises despite Macron’s loss and after a rise in German PPI. Gold edges higher and tests 200 dma.
US open: Stocks rebound but set for weekly losses
US stocks are rising after yesterday's hit, although recession fears remain.