Marc Jones

Euro Knocked By Italy Crisis Ahead Of Landmark ECB Hike

The euro wilted on Thursday as the European Central Bank geared up for its first rate rise in over a decade and as political tumult in Italy offset relief following the restart of Russian gas flows through the region's largest pipeline.

Weary Argentina Investors Hit By More Political Turmoil

Argentina's long-suffering investors tore into the country's chaotic politics on Monday after the architect of its IMF programme, economy minister Martin Guzman, quit and was replaced by someone seen as close to the powerful vice president Cristina Fernandez de Kirchner.

Second Half Starts With Fresh Swings For Stocks

The second half of the year started with more volatility for global stocks on Friday, as recession concerns that have built in recent weeks also pulled metals and commodity currencies lower again.

Second Half Starts With Fresh Strain On Stocks

The second half of the year started with more volatility for global stocks on Friday, as recession concerns that have built in recent weeks also pulled metals, bond yields and some key currencies sharply lower again.

Markets In H1: The Almost Perfect Storm

Investors knew that, after two years of COVID-19 chaos, 2022 would be a bumpy ride, but nobody expected this - the most turbulent first half global markets have ever seen.

The 'Big Package': How Russia Was Driven To Default

Russia's first major international debt default in over a century, which Washington said became a fact on Monday, follows months of co-ordinated Western sanctions that left Moscow with cash but no access to the international financial network.

Mass Biodiversity Loss Would Slash Global Credit Ratings, Report Warns

Major global biodiversity loss could cause enough economic damage by the end of the decade to severely cut more than half of the world's sovereign credit ratings - including China's, the first major study https://www.bennettinstitute.cam.ac.uk/blog/biodiversity-loss-sovereign-credit-ratings on the issue has warned.

Euro Stays Grounded As ECB Give 'Lift-off' Signal

Benchmark European borrowing costs hit an 8-year high on Thursday but the euro and stocks stayed firmly grounded as the European Central Bank signalled it will hike euro zone interest rates for the first time in a decade next month.

Europe Buckles Up For ECB 'Liftoff' Signal

Investors buckled up on Thursday for the European Central Bank's signal that it is ready to raise interest rates for the first time in a decade, while the yen weakened to a new 20-year low on bets the Bank of Japan will lag way behind.

Pages