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European stock market collapses

European stock indices hit new yearly lows and the main index of the UK broke through its summer low amid a sell-off triggered by rising recession risks. The Stoxx50 index...
iconRelevance until2022-09-27
Analytical expert: Andrey Shevchenko
2022-09-26

Stock markets froze ahead of central banks' rate decisions

Europe's stock indices went lower as investors braced for historic monetary tightening by the ECB today in the afternoon. The STOXX 50 index has lost 0.6% since the start...
iconRelevance until2022-09-09
Analytical expert: Andrey Shevchenko
2022-09-08

What problems Liz Truss to face after Boris Johnson?

UK's next prime minister Liz Truss has to face a lot of problems: the dollar close to its lowest level in decades, an unprecedented rise in public borrowings...
iconRelevance until2022-09-06
Analytical expert: Andrey Shevchenko
2022-09-05

FTSE on verge of crash as institutional interest in UK equities fades

"We are beginning to see institutional interest in UK equities fade," said Daniel Gerard, senior multi asset strategist at State Street Global Markets. Gerard stated that the outlook for energy...
iconRelevance until2022-08-20
Analytical expert: Andrey Shevchenko
2022-08-19

Double-digit inflation in Britain and recession for 2-3 years

Inflation in the UK accelerated more than expected last month to a 40-year high, putting more pressure on consumers and increasing pressure on action by the government and the Bank...
iconRelevance until2022-08-18
Analytical expert: Andrey Shevchenko
2022-08-17

Traders have clearly underestimated the Bank of England's economic forecast

The Bank of England's forecasts show that inflation is almost seven times higher than its strict 2% target, and relations between the UK government and its central bank are likely...
iconRelevance until2022-08-10
Analytical expert: Andrey Shevchenko
2022-08-09

UK inflation is likely to hit 13% by the end of the year

The Bank of England decided to raise interest rates by 50 basis points to 1.75%. As a result, GBP/USD fell by 1,400 pips, and currently has good potential...
iconRelevance until2022-08-06
Analytical expert: Andrey Shevchenko
2022-08-05

IMF downgrades its rating for the UK

The International Monetary Fund said the UK will experience the slowest growth next year because of double-digit inflation and rising interest rates. Their latest outlook indicated that the global economy...
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Analytical expert: Andrey Shevchenko
2022-07-27

UK faces government crisis

Boris Johnson has announced his intention to step down as UK Prime Minister. His departure followed the mass resignation of members of his government, including Treasury chief Rishi Sunak. "It...
iconRelevance until2022-07-09
Analytical expert: Andrey Shevchenko
2022-07-08

More than 40 ministers and aides quit in the UK

UK Prime Minister Boris Johnson said he has no intention of abdicating despite many of his cabinet members resigning in response to his scandals. Transport Secretary Grant Shapps and Business...
iconRelevance until2022-07-08
Analytical expert: Andrey Shevchenko
2022-07-07