Fed meeting, Exxon record, Eurozone skirts recession

Fed meeting, Exxon record, Eurozone skirts recession - what's moving markets

January 31, 2023

If you are having trouble reading this email, you may view the Online Version

📚 Daily Digest | Tuesday, Jan 31, 2023

London midday: Stocks fall further ahead of Fed decision, after IMF downgrade

Investors have been feeling quite relaxed of late, with a risk-on mentality when it comes to bidding up equities. Increasingly a lot of people have become confident that US rates are close to their peak in this part of the cycle, hence a strong run for many markets since late 2022.

Today's Top News

Economy

Fed meeting, Exxon record, Eurozone skirts recession - what's moving markets

The Eurozone appears to have avoided recession in the second half of last year but it, too, is suffering from a loss of momentum at the year-end. ExxonMobil posts a record profit and there are earnings aplenty from the likes of McDonald's, Caterpillar, and Advanced Micro Devices. And Gautam Adani looks to have attracted enough bids to cover an important share offering for India's capital markets. Here's what you need to know in financial markets on Tuesday, 31st January.

Forex

Sterling slips ahead of BoE meeting, IMF cuts UK growth forecast

Sterling slipped to a one week low against the U.S. dollar on Tuesday, ahead of the Bank of England's expected 10th consecutive interest rate hike, and as the International Monetary Fund warned about Britain's economic outlook.

Commodities

Europe Gas Jumps With Weather Forecasts Turning Cooler Next Week

European natural gas rebounded as forecasts showed the weather turning cooler than previously estimated next week.

Economic Indicators

UK grocery price inflation surges to record 16.7% - Kantar

British grocery inflation hit a record 16.7% in the four weeks to Jan. 22, dealing another blow to consumers battling an escalating cost-of-living crisis, industry data showed on Tuesday.

Current Affairs

Thousands of ambulance staff in England to strike on Feb. 10

Thousands of ambulance workers in England will carry out fresh strike action on Feb. 10 in a dispute over pay and staffing, the UNISON trade union said on Tuesday.

Read More Analysis »

Download Our

Award-Winning Apps

To ensure proper delivery and quick loading of images, please add newsletter@investingmail.com to your safe sender list.

Disclaimer:
Fusion Media or anyone involved with Fusion Media will not accept any liability for any trading loss or damage as a result of reliance on the information contained within this email including data, quotes, charts and buy/sell signals. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible. Fusion Media would like to remind you that the data contained in this email is neither necessarily real-time nor accurate. All stock prices, Indexes, Futures, buy/sell Signals and Forex prices are indicative and not appropriate for trading purposes; furthermore they are not provided by an exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price. Fusion Media doesn't bear any responsibility for any trading losses you might incur as a result of using this data.

This is a newsletter from Investing.com

7 Florinis Street, Greg Tower 6th Floor Nicosia 1065 Cyprus

This email was sent to farhantd2016.sateyska@blogger.com

Terms And Conditions Privacy Policy Manage your e-mail preferences Unsubscribe