Preparing for ‘harder landing’ from bond giant Pimco
While Pimco announced that they are preparing for a "harder" descent in the global economy, Daniel Ivascyn, Pimco's CIO, said that the markets' central...
Fund managers cautious for the second half of the year
As we enter the second half of the year, despite the worsening global economic outlook in the first half, the share rally led by...
Two consecutive rate hike signals from Powell
US Federal Reserve (Fed) Chairman Jerome Powell signaled that they are open to two consecutive interest rate hikes in the upcoming meetings.
Fed Chairman Powell...
Mixed course led by technology stocks in Asian stock markets
Asian markets mixed after Wall Street saw tech sales.
Asia-Pacific markets were mixed on Tuesday after Wall Street's tech sale that knocked Tesla down 6...
Davos Moved to China
The 14th annual meeting of the World Economic Forum, also called the Summer Davos, started in the critical port city of Tianjin, China.
China hosts...
Fed forecast from Morgan Stanley
Morgan Stanley announced that it expects a 25 basis point rate hike in July after Fed Chairman Powell's messages last week.
After Fed Chairman Jerome...
Fed forecasts dominate global markets
Positions taken in the options markets indicated that expectations for the Fed's rate cuts this year decreased. Morgan Stanley also expects a 25 basis...
IMF: ECB should continue rate hikes
International Monetary Fund (IMF) Vice-President Gita Gopinath said the European Central Bank and other major central banks should continue to raise interest rates to...
Mixed course in Asian stock markets after Wall Street rally
Asian markets were mixed as the Wall Street rally waned, and oil rose after the Russian mercenary rebellion was suppressed.
Asia-Pacific markets started the last...
The eyes of the global markets will be on Sintra
Officials from leading central banks will make statements at the European Central Bank (ECB) summit in the Portuguese town of Sintra this week.
Global markets...