Tag: Markets

26 SEP

The pound falls again versus the dollar after the Bank of England says it’s monitoring financial markets following the currency’s slide to a record low

Bank of England Governor Andrew Bailey. Dan Kitwood/WPA Pool/Getty Images The pound after the Bank of England said it's closely monitoring financial markets.  The BoE didn't say it would take emergency action to stem the decline of the pound, which hit a record low earlier Monday.    The pound fell by nearly 2% after the […]

22 SEP

The best returns come when markets are depressed as they are now, but there will be more pain for 6-12 months, billionaire David Rubenstein says

Getty Images Billionaire David Rubenstein thinks the market downswing is a buying opportunity.  Still, he said he expects more turmoil in the next six to 12 months.  The Carlyle co-founder told CNBC that investors shouldn't exit markets too soon.  Now isn't the time for investors to run for the door despite worrying signs of an […]

12 SEP

The Russian military’s stunning collapse in eastern Ukraine is injecting optimism into markets, analysts say

Ukrainian President Volodymyr Zelensky. Alexey Furman/Getty Images Ukraine's counteroffensive in its war against Russia is lifting Wall Street's mood, analysts say.  The government in Kyiv said it has retaken about 3,500 square miles of territory from Russia. "Suddenly investors are opening their eyes to the possibility of a sooner end to the war," wrote City Index […]

11 SEP

Some retail traders are turning to gambling addiction centers after a wild 2-year ride for stocks – but clinicians’ limited understanding of the condition and markets means help can be hard to come by

A croupier waits for gamblers at a table inside the Marina Bay Sands casino in Singapore April 27, 2010. Reuters/Pablo Sanchez There's been an uptick in retail investors checking into gambling treatment centers.  Treatment can be limited, as clinicians often don't understand the condition or the stock market.  That's left some addicted traders discouraged – […]

01 APR

‘You have to shut them down!’ Phillip Schofield rages as Wuhan wet markets reopen

Animal activist and naturalist Chris Packman joined Phillip Schofield and Holly Willoughby from his home on This Morning today to discuss the Chinese government’s decision to reopen wet markets. It has been widely speculated that coronavirus originated in a Wuhan wet market and Phillip made it clear to viewers that he was furious with the […]

03 JAN

‘Flash crash’ rips through Asia’s currency markets sending the yen into orbit and the Aussie dollar crashing to Earth

Zhang Peng/LightRocket via Getty Images Japan’s yen has gone into orbit on Thursday, breaking through key technical support levels as rising global growth risks nudged investors into a rush to safe haven-assets. Apple cut its sales forecast for its latest quarter, citing slowing iPhone sales in China, while Chinese manufacturing reads added to the burden […]