The revenge of energy stocks

The revenge of energy stocks

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Bets that US rates will peak at 6% weigh on sentiment

US stocks failed to keep up with the European optimism on the back of rising bets that the Federal Reserve (Fed) could hike the interest rates to 6%. In fact, option traders are piling into bets that the US rates could peak at 6%. Plus, the surprise 50bp hike from Mexico’s Banxic ...  Show more

Bard’s gaffe costs Google more than $100bn!

US equities fell yesterday on the back of two important factors: hawkish comments from the Federal Reserve (Fed) members, and the unexpected surge in the American used car prices. The S&P500 fell more than 1%, while Nasdaq slid around 1.80%. Inside Nasdaq, Google had a particular ...  Show more

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US inflation back on track?
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US inflation slowed in April, ending a run of hotter-than-expected prints. Will Bain has the latest.Elsewhere, lots of gloom about companies leaving the London Stock Exchange, but are existential concerns overblown?The Government's own infrastructure tsar has said low investment ...  Show more