European stock markets traded mildly higher in early trade on Monday but with the US closed it will be a thin day. Last week stocks notched another rise - the FTSE 100 continued its ascent towards the all-time high.

Stocks across the main European bourses are off to a strong start in February, building on some recovery yesterday and another blockbuster rally for US tech. The Lunar New Year keeps many Asian markets quiet but Australia rose. January wrapped up with a loss of 4% for the Stoxx 600 but the FTSE was higher […]

The euro is at a 4-month high as EU leaders continue to talk after 3 days of meetings in Brussels in an effort to get agreement on a rescue package for countries hardest hit by the pandemic. The frugal four are holding out and have a new ally in Finland, so make that the Frugal Five Get the EU […]

There couldn’t be a better sign of the predicament in which the Fed finds itself than this year’s Jackson Hole symposium. The annual conflab for the world’s central bankers has suddenly gone from a long weekend of huntin’ and fishin’ in the wilds of Wyoming to a virtual one-day webinar, all thanks to the Delta […]

U.S. CPI inflation was hotter than expected, with the so-called “core” and “supercore” measures showing a particular stubbornness, underscoring the slowing/stalling disinflation that will keep the Federal Reserve (Fed) cautious for longer than maybe the market thinks.