Nasdaq falls into correction as traders bet Federal Reserve will have to cut rates more rapidly
World’s largest asset manager believes we are at a ‘turning point’ as take-up of active ETFs accelerates globally
US tracks Europe and Asia lower as investors punish companies for missing earnings targets
Investors should be prepared for more volatility and tougher times ahead
Management must do better job of communicating any positive changes to come
Earnings appear to indicate end to 10 years of stagnation on continent
Stasis, squabbling and posturing mean results may be more a surprise in style than substance
Regulators on watch as exchange closing auctions suck up daily share trading volumes
Macron madness rings my contrarian bells
The major Eurozone economy has been mired in political turmoil
Cac 40 down more than 6% since Macron called election, with big spending plans likely to be favoured by new parliament
Leaders agree to front-load funding for Kyiv backed by expected profits from frozen Russian assets
Ukraine needs the money Russia owes it, all of it and fast
The US stock market accounted for $56bn of the $116bn pumped into exchange traded funds
Finance minister dubs snap poll ‘most consequential’ in history of Fifth Republic
Also in this newsletter: Have the farmers’ protests petered out?
Tepid demand for new US Treasury auctions drives rates higher and prompts a retreat in major stock indices
Also in this newsletter: Poland and Greece demand a shared EU air defence system
Move against western lenders follows dispute with subsidiary of Gazprom
Efama president says small group of states could forge ahead and warns delay hands ‘ever-increasing advantages’ to US
Market conditions are reminiscent of the soft landing that followed Alan Greenspan’s ‘Fed pivot’
Deep pool of retail and institutional investors has helped Stockholm defy continent’s capital markets gloom
Copenhagen compares blaze that has destroyed large parts of its 400-year-old Børsen to Notre-Dame fire of 2019
Hope that Washington’s idea could generate tens of billions in cash for Kyiv
Executives and governments must invest in growth
