Alex Rankine

The prices of key industrial metals have been enjoying a spectacular rally.

Soaring debt levels and the failure of America to manage the Covid-19 crisis is undermining trust in the world’s reserve currency. 

After dumping a record $55bn of stocks and bonds in the eight weeks to mid-March, foreigners bought $4.1bn in emerging market assets in May. 

US stocks have come under renewed pressure as America suffers a second wave of Covid infections.

With global stockmarkets so expensive, UK stocks offer a rare pocket of value. 

Central bankers have unleashed unprecedented monetary stimulus in response to the Covid-19 pandemic. For the moment inflation is quiescent. But that w…

Collateralised debt obligations (CDOs) triggered the 2008 financial crisis. Now we have CLOs, or collateralised loan obligations – securitised busines…

Diamond stocks have been piling up after suppliers refused to cut prices. But demand could soon pick up.

If a global recovery takes hold, Japan’s export-orientated businesses will enjoy a surge. But if growth stays weak, its corporate cash mountain will s…

The corporate bond market continues to deliver unlikely returns, as America’s Federal Reserve stepped in with unprecedented support.

Global markets registered their worst day in months last week, but US retail investors continue to pile in.

Both the euro and European stocks have rallied strongly in the last few days.

Chinese stocks have held up well during the pandemic, but the recovery has been uneven.

Could a resumption of the US-China trade war sink the stockmarket?

Global stockmarkets' rise suggest investors are optimistic that the economy is heading for better days. But bad earnings data could put their faith to…

Brent crude continued its rally early this week. But countries that depend on oil are still in a difficult spot.

The Bank of England looks likely to cut interest rates below zero at the end of this year.

The Bank of England is predicting a 16% slump in house prices.

European stockmarkets were cheered by the announcement of a Franc-German plan to issue a common European bond, which came as lockdowns were eased in m…

As Beijing tightens the screws on Hong Kong, many fear the death of the territory's autonomy – and of its status as a global financial hub.

Yields on gilts – UK government bonds – have gone negative, meaning investors are paying the Treasury to borrow money from them.

With Prime Minister Narendra Modi having imposed one of the world’s toughest lockdowns, India's latest economic data is shocking.

Russia's stockmarket is down by about 13% since the start of 2020, with the country having the world’s third-highest number of confirmed cases opf Cov…

Most major stockmarkets remain down on the year, but government bonds continue to gain ground.

Despite the global economy being mired deep in recession, the stockmarket rally continues.

Brazil's government has descended into infighting, distracting attention from the Covid-19 pandemic and an economic crisis.

More than a third of British companies have cut or scrapped dividends, and there will be more pain ahead. 

Fund managers remain bullish on equities, but nobody really knows what will happen in the stockmarkets.

Oil prices remain historically depressed, but they have perked up a little this week.

Those hoping for a swift rebound should keep an eye on the steel market.

The Covid-19 pandemic aside, the long-term case for emerging Asian stocks remains sound, thanks to demographics and reform-minded governments.

The huge pile of government and corporate debt is likely to be dealt with by a combination of high taxes, financial repression and inflation.

We look likely to be heading for a massive recession. But UK and US stockmarkets are up by baffling amounts.

US oil’s unprecedented collapse is mostly due to how it is traded – but also to the shock to global GDP, says Alex Rankine.

Cumulative GDP losses to the global economy to the end of 2021 could reach $5.5trn, more than the entire GDP of Japan.

Both Opec and Russia have agreed to restrict oil output by ten million barrels per day from next month. But the oil price war isn't over yet.