Turkey is closer to a full-blown currency crisis than at any time in the last 15 years.
Articles written by Andrew Van Sickle
Last week the price of uranium bounced by 10% after Kazakhstan, the world’s biggest producer, said it would cut output by a tenth, or 3% of total global production.
Index provider MSCI has said it will assess whether Argentina can be considered an emerging market again.
There is little to cushion the impact of Trump’s mood swings on the market, says Andrew Van Sickle. Investors are in for a bumpy few months.
The pan-European FTSEurofirst 300 index last hit an all-time peak two years ago. But in the past few weeks it has bounced back to a 12-month high.
Last week, natural gas prices sank by 12%, the worst weekly loss in a year, on forecasts of unusually warm weather.
Donald Trump’s sabre rattling against China could spark a trade war between the tow countries that coiuld quickly envelop the rest of the globe.
Mergers and acquisitions involving British firms fell to a three-year low last year. But though the value of deals fell, the number of transactions was only slightly down on 2015.
After reaching an 18-month high of around $58 a barrel on 3 January, oil fell back as traders began to wonder whether the 30% jump in prices in December was really justified.
A recent survey of 22 investment banks and other financial services providers produced an average predicted year-end level of 7,015. But a repeat of last year’s stellar performance looks unlikely.