New UK Chancellor Announced More Policy Reversals, After a Chaotic Week
After a tumultuous week and U-turns from the British government, the newly appointed finance minister, announced further changes to the fiscal plans
Senior Financial Editorial Writer
Nikos Tzabouras is a graduate of the Department of International & European Economic Studies at the Athens University of Economics and Business. With extensive experience in market analysis and a strong foundation in international relations, he brings a unique perspective to financial markets. Nikos emphasizes not only technical analysis but also on fundamentals and the growing influence of geopolitics on financial trends.
As a Senior Financial Editorial Writer, he delivers comprehensive and forward-looking insights across a wide range of asset classes, including equities, commodities, and currencies. His work explores how macroeconomic events, political developments, and global policies impact market dynamics, providing readers with a deeper understanding of both short-term movements and long-term trends.
Page 84 of 143
After a tumultuous week and U-turns from the British government, the newly appointed finance minister, announced further changes to the fiscal plans
The pair extended its rally past the 1998 peak on Friday, moving to levels not seen in thirty-two years, after another hot CPI report from the US, which keeps Fed to its aggressive tightening path
The earnings season kicked-off in the US during the week of October 10-14, with Delta Airlines and big banks, while Netflix’s ad-supported plan also drew attention amidst a flurry of news
The pair extends its ascent into the sixth straight day and to new 24 year highs, as markets gear up for today’s Fed minutes and Thursday’s US CPI inflation update
NAS100 started this week in similar fashion to the prior one, since it set fresh two-year lows, as markets gear up for US CPI inflation update and the last earnings season of the year
The pair comes from a poor week and the new one started in similar fashion, amidst Russia-Ukraine escalation and renewed Fed hawkishness, ahead of Thursday’s CPI inflation from the US
The last earnings season of the year gets underway in the US this week, against a difficult backdrop for Wall Street and stock markets around the world
During the week of October 3-10 we got another twist in the Musk-Twitter saga, EV start-ups released their latest sales figures, amidst more corporate news, as the latest earnings season is right around the corner
OPEC and allies, including Russia, agreed on Wednesday on deep oil production cuts, sending USOil to three-week highs
Elon Musk is known for his commentary around Doge, having even suggested its use on Twitter, so the Crypto jumped on news that h now intends to complete acquisition of the social networking platform
The central bank of New Zealand maintained its hawkish stance and delivered another 50 basis points interest rates hike today, just a day after its Australian counterpart slowed its pace
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.