Extreme volatility and increased regulations make today’s markets particularly challenging for investment professionals to navigate.

SINGAPORE, June 8 Reuters The dollar was on the back foot on Thursday, though it drew some support from higher U.S. Treasury yields as traders contemplated the possibility of another rate hike by the U.S. Federal Reserve, even if it pauses next week. Surprise rate increases by the Bank of Canada BoC and the Reserve […]

Lira hits fresh record low versus dollar Fall shows move towards freely traded currency economists 39;No air of panic39; in markets, says trader Investors hope new finance min will restore orthodox policies ISTANBUL, June 8 Reuters Turkey39;s lira weakened 0.8 to a record low on Thursday, extending losses after a heavy selloff in the previous […]

Ratesensitive tech leads falls, banks rise Evotec tops STOXX 600 after Citigroup upgrade Telecoms dragged by Vodafone shares June 8 Reuters European shares dipped on Thursday as ratesensitive technology shares slipped on expectations of further interest rate hikes by major central banks, although gains in banks helped limit losses. The panEuropean STOXX 600 index edged 0.1 […]

PREVIOUS TRADING DAY EVENTS 07 June 2023 Announcements    The Bank of Canada has decided to hike its overnight rate to a 22year high of 4.75. The market was expecting no change. This surprising increase caused the CAD to appreciate greatly at that time and further turmoil in the market for USD and U.S. Stocks. We […]

Wizz Air jumps on upbeat annual outlook Crest Nicholson down, flags slowdown worries FTSE 100 down 0.1, FTSE 250 adds 0.1 June 8 Reuters UK39;s main stock index edged lower on Thursday, dragged by a slump in shares of mobile operator Vodafone, while investors assessed the scope for continued interest rate hikes and their impact […]

JERUSALEM, June 7 Reuters Israel39;s shekel appreciated 1 to a twoweek high against the dollar on Wednesday amid expectations of progress in talks over the government39;s controversial judicial overhaul plan. The Israeli currency moved to 3.65 versus the dollar, its strongest level since May 22, two days before Prime Minister Benjamin Netanyahu said legal system […]