After a strong close on Tuesday, stocks are set to fall on the open today as inflation fears and weak earnings hit market sentiment. US futures Dow futures -0.5 % at 32466 S&P futures -0.7% at 4057 Nasdaq futures -1.1% at 12418 In Europe FTSE -0.12% at 7506 Dax +0.18% at 14158 Euro Stoxx -0.35% […]
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RBA hikes cash rate to 4.1% in a 5:4 vote. Perceived capacity pressures and inflationary impacts of the Middle East conflict were key concerns. As was widely expected, the RBA Monetary Policy Board (MPB) raised Read more…
The early spike in oil prices faded throughout yesterday’s trading session, pulling both US and Brent crude below the $100pb mark on news that a few tankers could transit through the Strait of Hormuz. There Read more…
In focus today Focus remains on tensions in the Middle East and its impact on energy markets. In Germany, we will receive the ZEW survey data for March. Recent months have shown an improvement in Read more…