Financial markets

Alpha Financial Markets Consulting PLC with ticker (LON:AFM) now has 10.9% upside potential according to Berenberg Bank. Berenberg Bank has set a target price of 530 GBX for the company, which compared to Alpha Financial Markets Consulting PLC’s share price of 472 GBX at the open today (24/11/2022), indicates potentialRead More →

HELSINKI, Nov 23 (Reuters) – Finnish utility Fortum (FORTUM.HE) is unable to access regular financial markets following a period of gas price turmoil in Europe that forced the company to seek emergency financing, chief executive Markus Rauramo told shareholders on Wednesday. In September, Fortum secured a 2.3 billion euro ($2.38Read More →

Alpha Financial Markets Consulting PLC (AIM:AFM) share price was boosted on Wednesday by well-received interim results that prompted German bank Berenberg to raise its earnings forecast and raise its price target to 530p. Alpha’s first-half figures showed a remarkable acceleration in growth across all divisions and geographies, the bank’s analystsRead More →

According to a recent study on Africa’s economic forecasts by the World Bank, “the economy is expected to grow by 3.6% in 2022, compared to 4% in 2021, as it struggles to regain momentum amid slowing global economic activity, continued supply constraints, outbreaks of novel coronavirus variants, high inflation andRead More →

Columnists Where are the financial markets going? Tuesday, November 22, 2022 Stock traders of the Nairobi Stock Exchange. PHOTO/DIANA NGILA Global financial markets have been extremely volatile this year, with equities suffering from the shockwaves of Covid-19, supply chain bottlenecks and central bank monetary policy tightening. Global consumers had toRead More →

Financial market conditions appear much tighter than the actual level of the Federal Reserve’s benchmark interest rate suggests, San Francisco Fed President Mary Daly said. Citing new research from his regional bank, Daly said on Monday that the tightening in markets was more akin to a benchmark rate of aroundRead More →

Charles River Associates (NASDAQ: CRAI), a global leader in the provision of economic, financial and management advisory services, today announced that Ozgur B. Kan has joined CRA’s capital markets practice as Vice -president of the company’s New York office. “We are delighted to welcome Dr. Kan to the CRA team,”Read More →

One chart is all it took to move financial markets on Thursday. This chart was presented by St. Louis Fed President James Bullard as part of a presentation in Louisville, Ky., and it shows where he sees “the tight enough zone” for the main rate target director of the centralRead More →

If you are thinking of retiring soon, you may need to think again. A new report from Fidelity reveals that the average 401(k) balance has declined for the third consecutive quarter. It is now down 23% from a year ago at $97,200. The average Individual Retirement Account balance also fellRead More →

Photo by Leon Neal/Getty Images On October 27, two days after Rishi Sunak was appointed Prime Minister, a familiar face returned to Downing Street: George Osborne, the former Chancellor, was invited back to advise Sunak’s Chancellor Jeremy Hunt. Osborne is the architect of austerity, the Conservative belt-tightening strategy that helpedRead More →

Sarah Kunst, managing director of Cleo Capital, and Ann Berry, founder of Threadneedle Ventures, react to the collapse of FTX on “Making Money”. Billionaire investor Ken Griffin, founder and CEO of multinational hedge fund Citadel, has warned that the collapse of cryptocurrency exchange FTX could weaken confidence in financial marketsRead More →

Financial markets seized on Tuesday’s report of weaker-than-expected U.S. producer prices and followed it, driven by the underlying narrative that inflation may have peaked and is only likely to ease. mitigate further from here. Investors and traders can hardly be blamed for cheering Tuesday’s developments given the euphoria that accompaniedRead More →

Korean financial markets were recently shaken up when Heungkuk Life Insurance, a medium-sized player in the Korean insurance industry, announced on Nov. 1 that it would delay exercising a $500 million call option on Nov. 9 for its foreign-currency bonds — though ultimately the insurer reversed its decision on Nov.Read More →

Here’s what you need to know on Friday, November 11: The bullish market mood remains intact on the last trading day of the week as investors applaud weak inflation data from the United States and news from China easing Covid-related restrictions. The US dollar index continues to slide below 108.00Read More →

Charts: TradingView Latest US Inflation Data: Meaning and Implications It was quite a day in financial markets on Thursday as the highly anticipated US inflation data was released at 13:30 GMT. Consumer prices, as measured by the Consumer Price Index (CPI), rose less than expected. According to the Bureau ofRead More →

A report by the international watchdog, the Financial Action Task Force (FATF), in October 2021 identified significant weaknesses in parts of South Africa’s financial regulations. The report’s findings put the country at risk of being greylisted by the international watchdog. According to the report, South Africa has become a hubRead More →

Is China about to give up its fight against covid-19? Judging by recent market movements, you might think so. Rumors that China had assembled a reopening committee inspired a big rally in the country’s stocks, the offshore yuan and even the price of copper earlier this month. A social mediaRead More →

After the Nov. 8 election, it looks like Republicans will have a slim majority in the House, and the Senate is a draw. What does this mean for financial markets? Nothing. This is not entirely true. With their House majority, Republicans can force a government debt default or government shutdown,Read More →

As the next major U.S. inflation report is set to land on Thursday, traders and investors continued to cling to hope that the data will contain enough signs of easing pressures. on prices to help push forward the Federal Reserve’s rate hike in December. Economists and traders expect Thursday’s ConsumerRead More →

On October 31, the European Union’s financial markets regulator, the European Securities and Markets Authority (ESMA), said it withdraw the recognition of six Indian clearing organizations or central counterparties (CCP). These six central counterparties are Clearing Corporation of India (CCIL), Indian Clearing Corporation Ltd (ICCL), NSE Clearing Ltd (NSCCL), MultiRead More →

A report by the international watchdog, the Financial Action Task Force (FATF), in October 2021 identified significant weaknesses in parts of South Africa’s financial regulations. The report’s findings put the country at risk of being greylisted by the international watchdog. According to the report, South Africa has become a hubRead More →

Join our Telegram channel to stay up to date on news coverage Fundamentals of the global economy Despite the emergence of new problems, the economy is still recovering from the COVID-19 outbreak. Now that inflation is out of control, central banks are trying to solve the problem by raising interestRead More →

If you are aware of any local business openings or closings, please let us know here. PREVIOUS OPENING AND CLOSING – Air Products & Chemicals Inc. plans to invest half a billion dollars to produce environmentally friendly hydrogen in New York State. – The Trexlertown Chick-Fil-A plans to add aRead More →

This is an opinion piece by Mike Ermolaev, PR and Content Manager at Kikimora Labs. Setting the Context: Fundamentals of the Global Economy The economy is still recovering from the COVID-19 outbreak as new problems arise. We are now in a period of runaway inflation and central banks are tryingRead More →

THIS fall, I have been placing increasing importance on the fact that Asia is rebounding strongly towards higher economic growth rates. For the global economy as a whole, there is no prospect of a Goldilocks situation, but it rarely does. Europe, in particular, is facing a recession, but I considerRead More →

Chronic fiscal and current account imbalances had emerged long before the Covid-19 pandemic, already severely hampering the ability of national authorities to respond to unexpected shocks. Countercyclical fiscal measures in response to Covid-19 then led to the accumulation of even higher levels of public debt. Even though all countries areRead More →

Fannie Mae Headquarters. PHOTO/KAREN BLEIER (Photo credit should read KAREN BLEIER/AFP via Getty … [+] Pictures) AFP via Getty Images As the Federal Reserve (Fed) hikes interest rates and the shadow of recession grows longer, worries about financial vulnerabilities naturally increase. Declines in the value of stocks and bonds areRead More →

Photo: Shutterstock Financial market volatility is likely to continue for some time to come, according to one of the contributors to Room151’s latest Monthly Online Treasury Briefing (MOTB). Cameron Shaw, senior portfolio manager at Ardea Investment Management, said the “one-in-a-hundred-year event” in the gilt market following the UK mini-budget isRead More →

UAE, Dubai: The UAE Capital Markets Association (UAE FMA) has signed a cooperation agreement with the International Capital Markets Association (ICMA) to enhance their cooperation and mutual membership, as well as to exchange skills and information on regulatory developments and international best practices in the financial market sector. Under theRead More →

Verena Ross struggles to put her finger on the most difficult period of an almost 30-year regulatory career that began in the UK before taking her to continental Europe as executive director of the new markets regulator of the EU in 2011, and its President in 2021. Was it itsRead More →

UK financial markets have been on a frantic run over the past two months. Photo/Getty Images COMMENT: Politics has not been the main driver of financial markets in 2022. That mantle still falls on runaway inflation and rising interest rates. However, we shouldn’t underestimate how much all of the UKRead More →

Photo: KBS News Anchor: A liquidity crunch rocks the South Korean bond market following a contractor defaulting on about $140 million in project financing for an amusement park in the province from Gangwon. In a bid to stabilize the bond market, Gangwon Province has already reversed its controversial decision notRead More →

DUBAI – The United Arab Emirates Capital Markets Association (UAE FMA) has signed a cooperation agreement with the International Capital Markets Association (ICMA) to enhance their cooperation and mutual membership, as well as to exchange expertise and information on regulatory developments and international best practices in the field. financial marketsRead More →

DUBAI, 26th October, 2022 (WAM) — The UAE Capital Markets Association (UAE FMA) has signed a cooperation agreement with the International Capital Markets Association (ICMA) to enhance their cooperation and mutual membership, as well as to exchange expertise and information on regulatory developments and international best practices in the financialRead More →

Unfavorable financial markets in China and the strong impact of inflation in the UK and Turkey affect Ageas’ net result in the third quarter of 2022. Dividend commitment maintained. On 10 August 2022, while commenting on the performance for the first half of 2022, Ageas confirmed its guidance of EURRead More →

FCA to probe ‘big tech’ entry into financial markets He said the presence of big tech in UK financial markets has steadily increased, with the potential to grow further and change markets quickly. To kick off the discussion, the FCA has released an analysis focusing on the potential competitive impactsRead More →

How does the RBI go about making important choices in the financial system. Needless to say, the Indian financial system has undergone huge changes over the past 30 years since liberalisation. At one time, the Indian financial system consisted entirely of public sector banks and a handful of development financeRead More →

(Bloomberg) – Treasury Secretary Janet Yellen has warned that tensions in the global economy and markets could disrupt a U.S. financial system that has so far proven resilient to such shocks. Bloomberg’s Most Read The world faces a “dangerous and unstable environment” for the global economy, including soaring energy pricesRead More →

Labor leader Sir Keir Starmer (Stefan Rousseau/PA) (PA Wire) Sir Keir Starmer has warned markets are spooked by ‘chaos’ in Westminster as reports suggest the Chancellor is considering up to £20billion in tax hikes in the much-anticipated Halloween budget. The Labor leader also urged disillusioned Tory MPs to put theRead More →

The battle to be the next Tory leader and therefore the next Prime Minister is set to be big city news in the coming week, amid the recent effect of Westminster politics on the pound and government bonds – although not everyone thinks so. Ahead of Friday’s deadline in thisRead More →

Comment this story Comment The astonishing political disappearance of British Prime Minister Liz Truss shows what can happen when ambitious plans collide with a new financial market reality that puts the fight against inflation above all else. Truss resigned Thursday after just 45 days in office, a victim of marketRead More →

Financial market chaos wipes out billions of savings managed by some of the UK’s biggest investment firms By Lucy White for the Daily Mail Published: 5:13 p.m. EDT, October 20, 2022 | Updated: 5:13 p.m. EDT, October 20, 2022 The financial market chaos has wiped out billions of savings managedRead More →

The Sixth Annual Financial Markets Conference is being held on Wednesday, November 2, 2022 with the theme “Impact of the Monetary Policy Framework and Liquid Market on the Economy”. The event is sponsored by Ecobank, FBNQuest, GTBank and Parthian Partners. In a statement, Acting Executive Secretary Ms. Mary Gbegbaje notedRead More →

“You are largely alone” – AMF warning to wholesale investors Formal warnings have been issued to seven companies raising millions for property schemes by creating “non-compliant” documents for wholesale property investment deals. Te Mana Tātai Hokohoko, the Financial Markets Authority, released the findings of its nearly year-long investigations into oftenRead More →

The UK has just learned a hard lesson. If you are heavily indebted and rely in particular on foreign investors to finance this debt, you must manage your economy sensibly. If you don’t, the penalty is lower asset prices, lower economic activity, and lower living standards. The United Kingdom isRead More →

The Absa Group and OMFIF recently launched the Absa Africa Financial Markets Index 2022 report, which assesses the growth of financial markets in 26 countries and identifies those with the most favorable market environments. The aim is to demonstrate current situations and how nations could strengthen market structures to supportRead More →

Like it or not, the business year is about to end in less than 2.5 months. So besides the strength of the US dollar, 2022 has brought only pain for US stock and bond investors. So do the financial markets have the opportunity to make significant moves in the remainingRead More →

WASHINGTON, Oct. 15 (Yonhap) — South Korea does not face the same challenge of securing dollars as previous financial crises and currently maintains a “stable” currency liquidity position despite recent heightened volatility in financial markets, Seoul’s top central banker said on Saturday. Bank of Korea (BOK) Governor Rhee Chang-yong madeRead More →

The chancellor is absent. The U-turn is in. Well, the partial U-turn. Today Liz Truss used a press conference in Downing Street to announce that the corporate tax hike planned by her leadership rival Rishi Sunak when he was Chancellor was back on track. Raising it to 25p is expectedRead More →

This bear market started in an orderly fashion. Thanks to inflation, central banks raised rates at speeds not seen in many decades and longer-term yields rose rapidly from very low levels. As a result, markets have pulled back as higher rates/yields lead to lower valuation multiples. When we say “orderly”Read More →

The UK financial system is at the center of fears in global financial markets as ‘cliff day’ dawns. The Bank of England (BoE) said it would today end its £65billion bond-buying program launched to counter the market turmoil that erupted after the government’s mini-budget September 23 Truss Tory. The BankRead More →

wutwhanfoto/iStock via Getty Images If global financial markets had a theme for 2022, it would be this: the responsibility does not stop anywhere. My adaptation stems from President Harry Truman when he said “the buck stops here”. His reference was that of political responsibility. My reference is American dollars. TheRead More →

Here is our summary of the main overnight economic events affecting New Zealand, with news markets remaining glued to the car crash unfolding in UK financial markets, although the global implications are limited. Separately, United States mortgage applications have plummeted -2.1% last week in an extended downtrend. They are aRead More →

Andrew Burton by Black Rock (NYSE: BLK) Third-quarter results are expected to be muted on Thursday as volatile financial markets hamper fund flows from the world’s largest asset manager. Looking at the Wall Street consensus in the third quarter, 10 analysts see BlackRock (BLK) net income at $7.51 per share,Read More →

San Diego-based Kneron, a provider of artificial intelligence technology for smart cameras and other network edge equipment, landed $48 million in a second round of venture funding, despite the increasingly unstable environment for young companies seeking to raise funds. Founded in 2015, Kneron provides AI processors for field-deployed electronics. ThisRead More →

Editor’s Note: With such volatility in the markets, stay up to date with daily news! Get our quick roundup of today’s must-see news and expert opinion in minutes. Register here! (Kitco News) – The cryptocurrency market’s bearish trend that began on Friday continued on Monday as investors awaitRead More →

Don’t miss these top money and investing features: Sign up here to receive MarketWatch’s top mutual fund and ETF stories by email! INVESTMENT NEWS AND TRENDS This Stock Market Strategist Says The Coming Recession Could Be The Biggest Ever: ‘I Recommend Prayer’ “I’m about as bearish as I’ve been sinceRead More →

The ten best performing fine wines posted an average return of 18% in September, according to Wine Track, a comprehensive fine wine index giving retail investors access to a simple and transparent rating system for building a wine portfolio. Six of the top 10 wines come from the Burgundy region,Read More →

National Party Finance Critic Nicola Willis and Finance Minister Grant Robertson. Photo / Greg Bowker OPINION: The market crash that followed the UK government’s confirmation of a massive borrowing and spending package highlights how other governments will navigate the choppy economic waters we find ourselves in. What support if so,Read More →

Budget in Dublin, budget meltdown in London: let’s talk about a rollercoaster week. The contrasts between the centrist incrementalism of Republican finance ministers Paschal Donohoe and Michael McGrath and the recklessness of the Liz Truss-Kwasi Kwarteng operation in Downing Street are too obvious to spell. But in a way, theRead More →

In an interview with broadcasters in North West Kent, the Prime Minister sought to defend the decision not to publish a forecast from the independent spending watchdog until November 23. It comes as the UK government’s energy price cap to shield households and businesses from the worst of the impactRead More →

The language of economics and the financial system can be confusing to those unfamiliar with the world of pensions, gilts and bear markets. But there was a lot going on as the Conservative Party’s mini-budget spooked markets, causing the pound to crash and borrowing costs to rise in the UK.Read More →

US stocks fell again this week as investors navigated a deluge of bad news. Central banks around the world have struggled to combat soaring inflation by raising the cost of borrowing without hurting long-term growth prospects. Adding to the uncertainty and fear are growing tensions between the West and RussiaRead More →

Key insights from the week that has been. This week, Australian data has been broadly constructive on the outlook. Meanwhile, considerable volatility was present in financial markets following the announcement of the UK government’s expansionary fiscal update. Australian retail sales slightly beat expectations in August with a solid 0.6% gainRead More →

Regarding the fight against inflation, Federal Reserve Chairman Jerome Powell said, “We will continue until we are satisfied that the job is done.” Samuel Corum/Getty Images hide caption toggle caption Samuel Corum/Getty Images Regarding the fight against inflation, Federal Reserve Chairman Jerome Powell said, “We will continue until we areRead More →

Tensions in global financial markets are building, but the turmoil that forced the Bank of England to make an extraordinary intervention in the UK bond market on Wednesday is unlikely to be a game-changer for US equity investors looking to a market failure. A working idea among investors and tradersRead More →

The 10-year Treasury yield, a vital benchmark that influences a wide range of consumer borrowing costs, briefly traded above 4% for the first time in at least 12 years – a move that, if continued, has the potential to spill over to financial markets. The rate TMUBMUSD10Y, 3.889% climbed asRead More →

As the pound plummets, bond prices fall and interest rates rise, Digital Currency Group CEO Barry Silbert says bitcoin will become the preferred safe-haven asset. As stock markets crashed on Sept. 27, 2022, with the S&P 500 down 1% at the end of the day and the tech-heavy Nasdaq downRead More →

High Risk Warning: Currency trading involves a high level of risk which may not be suitable for all investors. Leverage creates additional exposure to risk and loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience and tolerance for risk. You could lose some orRead More →

The likelihood of sharply higher interest rates has tipped the balance towards another recession within a year, economists say. Yet some still hope that the United States can manage with a period of slow growth instead of outright decline. In a move widely expected by financial markets, the Federal ReserveRead More →

To print this article, all you need to do is be registered or log in to Mondaq.com. US and global regulators are once again focusing on market players designing and implementing Business Continuity and Disaster Recovery (BCDR) plans and related policies and procedures. This renewed attention is not solely aRead More →

SEOUL, Sept. 25 (Yonhap) — South Korea is preparing “several” measures to stabilize domestic financial markets which have seen heightened volatility, including the won’s sharp decline against the U.S. dollar, amid concerns regarding the global crunch and economic slowdown, Seoul’s top financial and economic policymaker said on Sunday. Finance MinisterRead More →

Muscat: Like other markets around the world, financial markets in Oman and across the GCC have been mostly affected by the conflict in Eastern Europe, according to an industry expert. “The ongoing conflict between Russia and Ukraine has strongly affected energy deliveries and profoundly changed the functioning of the market,”Read More →

SOON it will be October and the month can make any stock market investor sweat. Well known is the collapse of Wall Street in 1929 which began on Thursday October 24th and reached its peak the following Tuesday October 29th. My first professional experience with a stock market crash datesRead More →

Markets were quick to react to Kwasi Kwarteng’s “shock and awe” mini-budget. By far the most dramatic reaction came in the bond market, where yields on gilts (UK government IOUs) immediately soared on the prospect of a sharp increase in government borrowing. Mr. Kwarteng announced some £45billion in tax cutsRead More →

Northern Trust (Nasdaq: NTRS) today announced the appointment of Michael Buzza as Global Head of Network Management and Market Strategy. Buzza, previously EMEA Head of Market Advocacy and Innovation Research, will oversee teams dedicated to providing market access and insights into traditional securities services markets within the Digital Assets andRead More →

Country the United States of AmericaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, RepublicRead More →

LONDON, Sept 15 (Reuters) – U.S. economic data remains strong, but a range of financial indicators point to a sharp slowdown over the next year, which would dampen oil consumption and drive prices lower. The apparent contradiction between the real economy and financial markets has baffled some commentators, but isRead More →

September 15, 2022 Jones Day To print this article, all you need to do is be registered or log in to Mondaq.com. Brian Trudgen, partner at Jones Day, discusses how uncertainties in the financial markets can affect client decisions, the firm’s role in helping these clients mitigate risk,Read More →

By Vivien Lou Chen It was the only report heard anywhere in the world, shaking the confidence of traders and investors on three continents. Stocks sold off in Asia and Europe on Wednesday, a day after the August U.S. Consumer Price Index report sparked the worst day for the DowRead More →