Articles by Tommy Wilkes

Stocks Weaken As Growth Slowdown Fears Cloud Start Of Week

Stocks headed lower on Monday with investors in a cautious mood ahead of the Federal Reserve's two-day policy meeting and what could be the latest central bank signal of an even faster pace of tightening just as signs of a global slowdown mount.

Euro Slides To Two-decade Low As Recession Fears Mount

The euro sank to its weakest since late 2002 versus the dollar on Tuesday, as a jump in natural gas prices reignited worries about the euro zone economy and data showed business growth in the region slowed sharply in June.

Dollar Gains, Stocks Retreat As Inflation Jitters Return

The dollar strengthened and global stocks retreated on Wednesday as concerns about economic growth and rising inflation soured sentiment, underscored by a 9% surge in British consumer prices and a greater-than-expected price acceleration in Canada.

Stocks Stumble On New Growth Fears, Dollar Extends Rally

Stocks fell again on Monday and the dollar rocketed to a new two-decade high as worries about higher interest rates and a tightened lockdown in Shanghai deepened investors' fears that the global economy is headed for a slowdown.

Shares Fall As War, COVID And Rate Rises Batter Confidence

Stock markets fell again on Tuesday as a combination of rising COVID-19 cases in China, the war in Ukraine and worries about the Federal Reserve raising interest rates this week for the first time since 2018 all knocked investor confidence.

Stocks Rise After Ukraine Panic, Oil Back Below $100

European stocks rose on Friday after Wall Street's late rally, as investors welcomed coordinated Western sanctions on Russia that targeted its banks but not did not block it from a global payments system and left its energy sector largely untouched.

European Currencies Hammered As Russia Invades Ukraine

The Russian rouble tumbled to a record low and European currencies including the euro bore the brunt of selling on Thursday after Russia launched an invasion of Ukraine, sparking dramatic moves across foreign exchange markets.