Alan Ruskin

6 results

Sterling remains “a vulnerable currency and subject to continued bouts of volatility”.

The pound was last worth $1.30 on September 30th, a day when lawyers were lining up to derail Brexit in the courts, a resilient consumer as challengin(...)

Macy’s plans to cut 10,000 jobs beginning this year. Photograph: John Taggart/Bloomberg

US wage growth accelerated last month to the quickest pace since 2009, underscoring rising inflationary pressure as President Barack Obama prepares to(...)

Traders work on the floor of the New York Stock Exchange shortly after the opening bell in New York. Photograph: Lucas Jackson/Reuters

World stock markets jumped on Thursday as investors chose to take the first hike in US interest rates since 2006 as a mark of confidence in the world’(...)

Haruhiko Kuroda,  governor of the Bank of Japan, defied objections from four fellow board members to push ahead with the stiumuls. Photograph: Tomohiro Ohsumi/Bloomberg

The Bank of Japan stunned global markets yesterday and sent the dollar soaring as it unexpectedly expanded its stimulus programme just days after the (...)

Traders on the floor of the New York Stock Exchange after the Dow Jones Industrial Average closed up 293 points  yesterday following the Federal Reserve announcment. Photo: Getty Images
Shares climb on Fed commitment

Asian share markets rose today after the Federal Reserve drew the sting from tapering its stimulus by recommitting to low interest rates, leaving Wall(...)

Volkswagen workers. While
 Germany, the Netherlands and Austria displayed the slowest rate of industrial production contraction across the euro zone, the figures also indicated a strong performance by so-called “peripheral” countries, a trend welcomed by analysts.

The downturn in manufacturing activity in the euro zone eased last month, according to official figures released yesterday, suggesting an unexpected(...)