Financial markets were a sea of red numbers last week as the classic ‘Fade the Fed’ trade played out. The initial reaction to Wednesday’s US interest rate decision was neutral to positive, then the selling set in and hardly stopped....
It was yet another tough week for global stock markets, with the Dow Jones & S&P 500 declining 3.78% on the week and the FTSE down 3.37%. With oil rallying $4.....
On a day when you hear about the worlds largest bank CITI Group losing $5 Billion and cutting 4,000 jobs world wide, you might expect markets to be down severely. You might also have expected the FTSE to stumble on the news that RBS is preparing a...
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