World stocks suffer more pain looms on the horizon

World markets wrapped up another turbulent week with more losses. Worries about dramatically slowing growth, rising interest rates, the ongoing war in Ukraine and stringent sanctions against Russia, including an embargo on Russian oil, all contributed as well to the bearish sentiment. Meanwhile, China grapples with ongoing lockdowns and the prevailing economic storm these entail, further striking global inflationary pressures. Hover over

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Markets mostly higher but skyrocketing inflation haunts outlook

Trading this week was marked by the continuation of hostilities between Russia and Ukraine, for the sixth week, the continuation of the lockdown in several cities in China, monetary policy decisions and a flurry of comments from Fed officials. Meanwhile, commodity prices continued to rise and investors remain cautious about the ongoing impact of skyrocketing inflation. With a long holiday weekend ahead

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World stocks under pressure as recession worries are picking up

World markets were rattled by hawkish language from the US Federal Reserve, concerns over inflation, and an unfavorable geopolitical background with NATO chief Jens Stoltenberg warning that the Ukraine conflict could last for years. Several US central bank members came out in favor of one or several 50bp hikes if inflation showed no signs of abating.  Investors worry that aggressive tightening could

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Ukraine continues to dominate market sentiment

World stocks started Q2 off in a mixed fashion amid resiliency in the face of continuation of hostilities between Russia and Ukraine, for the fourth week, higher inflationary pressures and a potentially more aggressive U.S. Federal Reserve. Peace talks between Russia and Ukraine have yielded little fruit thus far. However, the two sides are set to continue talks. Volatility is expected to

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World markets gain despite flurry of headwinds

Trading in the world markets took place against the background of the continuation of hostilities between Russia and Ukraine, for the fourth week. It was also affected by rising energy and commodity prices and anxiety over how aggressive the US Federal Reserve will be in combatting the elevated inflation pressures following  comments from Fed Chairman Jerome Powell this week who said he

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World stocks roar back as Fed plots a path

While fighting continued in Ukraine, world markets firmed supported by multiple factors. The U.S. Federal Reserve raised interest rates for the first time since 2018, Russia avoided defaulting on its sovereign debt, and Chinese leader Xi Jinping assured U.S. President Joe Biden on Friday that he didn’t want war in Ukraine, (but that he doesn’t approve of sanctions, either). Despite lack of

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