King Dollar, U.K. Meltdown, Boeing Settles SEC Charges – What’s Moving Markets

By Geoffrey Smith — The dollar is giving everything else a good, hard kicking as global markets price in the likelihood of the Federal Reserve raising interest rates still more, even at the risk of a global recession. Sterling and U.K. assets are having a particularly miserable time after the new government unveils a … Read more

Fed Decision, Putin Mobilizes, Home Sales – What’s Moving Markets

By Geoffrey Smith — The Federal Reserve is set to raise U.S. interest rates again – but by how much? Vladimir Putin rattles the nuclear saber as he calls up 300,000 reservists for his war in Ukraine, causing the dollar and European gas prices to rise again. Existing home sales are due, and homebuilder … Read more

Bond Yields and Rate Hikes, Ford Warning, Housing Starts – What’s Moving Markets

By Geoffrey Smith — Bond yields rise around the world as Sweden kicks off a week of big central bank meetings with a 100 basis point interest rate hike. Ford slumps after warning of big problems with supply chains and input costs. UnitedHealth gets some important support for its Change Healthcare acquisition. U.S. Housing … Read more

Biden on Taiwan, NAHB Survey, Crypto Slump – What’s Moving Markets

By Geoffrey Smith — U.S. President Joe Biden again warns China that U.S. forces would defend Taiwan in the case of an “unprecedented attack”. The U.K. closes its markets as it says goodbye to Queen Elizabeth II. Cryptocurrencies slump as investors lack the stomach for a week of aggressive central bank action, and Volkswagen … Read more

FedEx Woe, China Weakness, Sterling Rout – What’s Moving Markets

By Geoffrey Smith — FedEx’s drastic cost-cutting measures and weak revenue update put stocks on course for their lowest weekly close in two months as fears for the global economy grow. The yuan falls through 7 to the dollar as China’s housing slump and consumer bust continue. Sterling slumps to its lowest since 1985 … Read more

U.S. CPI, Rail and Nursing Strikes, Peloton Turmoil – What’s Moving Markets

By Geoffrey Smith — The U.S. releases consumer inflation data for August, a key input for the Federal Reserve’s meeting next week. A rail strike looms larger, while over 15,000 nurses are on strike in Minnesota looking for a 27% pay raise. Oracle’s strong earnings keep stocks in buoyant mood in premarket and Barry … Read more

Europe Energy, OPEC+ Meeting, Truss Triumph – What’s Moving Markets

By Geoffrey Smith — Moscow’s gas shut-off heightens the energy emergency in Europe, driving the euro to a new 20-year low. OPEC meets with Russia to discuss output strategy for October. The U.K. is set to get a new Prime Minister. Volkswagen is set to approve an IPO for Porsche, unlocking value to fund … Read more