Deutsche Bank’s U.S. listed shares fell 10% in pre-market trading. European stocks came under pro-longed pressure Friday morning as banking sector woes fail to disperse. The DAX and FTSE 100 indices each fall by more than 2% in early morning trade. Central Banks Investors have been assessing the global centralRead More →
Could gold reach new highs and stay there? Gold prices likely have more room to rise and could go as high as $2,500 per troy ounce, some analysts suggest. Investors have been turning to gold after the collapse of Silicon Valley Bank and after the struggles Credit Suisse and worryRead More →
Interest rates up despite bank failures The Federal Reserve on Wednesday increased interest rates by 0.25%, despite the banking turmoil and failure of Silicon Valley Bank. The Federal Reserve expressed caution about the recent banking crisis and indicated that hikes are near the end. It’s all under control – justRead More →
Will the recent high profile bank failures spread to other smaller banks? The current meltdown in the banking sector has released fearful memories from the 2008 financial crisis to re-surface. In that major crisis, some of the biggest banks in U.S. collapsed, damaged by the discovery of sub-prime lending practicesRead More →
Failure and Frailties exposed in the banking sector After the failure of U.S. Silicon Valley Bank and Signature Bank and with the frailties exposed at Credit Suisse, other U.S. regional banks came under extended pressure yesterday. But these banks of critical concern were swiftly dealt a financial lifeline bringing themRead More →
European Central Bank increases interest rate The European Central Bank (ECB) announced a further rate increase of 50 basis points, despite the current backdrop of market turmoil in the banking sector. The ECB had previously signalled it would be raising rates again at its March meeting – and it did! Pressure InitialRead More →
In view of the recent ‘mini banking crisis’ – will the Feds fight with inflation mean U.S. interest rates will still go up this month? Two or three more increases of 0.25%? Markets still expect the Fed to keep up its inflation fight, despite recent bank failures that have unexpectedlyRead More →
Pressure appears to be building as the stock market bull run falters. Major indices have given up gains and moved away from lofty highs. The DOW, S&P 500 and Nasdaq all closed down – each losing around 1% on Wednesday, 18th August 2021. The FTSE 100 and DAX, Nikkei andRead More →
The DOW at a jackpot high! The DOW, S&P 500 and Nasdaq have recently touched all time highs but where now for the U.S. stock market? Is it time for a breather? More upside? Many analysts suggest there is still room for more gains, especially for the S&P 500 –Read More →
Dow hits 35000 Markets move up and markets move move down – that’s what they do. So we really shouldn’t be that surprised when new record highs are broken – but this always makes for a good headline. The Dow this week re-gained all of the losses from the previousRead More →