The Sun Overdose for European stocks...

The Sun Overdose for European 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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Brent oil at a new high this year – quo vadis from here?
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