Panic over? London’s FTSE 100 surges after overnight rally in Asia Markets The global market rally picked up the pace on Wednesday with European equities surging after Japanese stocks recorded strong overnight gains. The FTSE 100 was up 1.8 per cent at 8,166.88 while the midcap FTSE 250 gained 1.0 per cent to trade at 20,576.03. The CAC in Paris gained 2.0 per cent while the DAX [...]
How the Bank of Japan fuelled the market rout Economics Japanese equity markets suffered their worst day in decades as part of a global market sell-off fuelled in part by a long-awaited normalisation in Japan’s monetary policy. The Nikkei 225 lost 12.4 per cent on Monday, its worst day since 1987. The rout wiped out all the gains made by the Nikkei this year. The [...]
Week ahead: Market holds breath for busy central bank week Markets Markets are preparing themselves for one of the busiest weeks of the calendar, with the Federal Reserve, the Bank of England, and Bank of Japan all deciding the path for interest rates in their country over the next five days.
Yen on brink of breaching ‘psychological barrier’ as Bank of Japan poised to intervene June 24, 2024 The Japanese yen is at risk of passing the psychological barrier of 160 per dollar as markets prepare for the country's central bank to intervene in an effect to prop up the currency, as it has in the past.
Will the Federal Reserve and Bank of England surprise investors this week? March 19, 2024 The Fed will reveal its latest decision on Wednesday before the Bank's announcement on Thursday.