markets | eNCA

Finance mnister Kwasi Kwarteng's decision to scrap a controversial plan to cut the top rate of income tax helped lift sterling

Markets rally, dollar dips as US data tempers rate fears

04 October 2022

Sterling has collapsed since new UK finance minister Kwasi Kwarteng unveiled his tax-slashing mini-budget on Friday

Pound hits record low versus dollar, markets drop on recession fears

26 September 2022

The pound fell to a 37-year low against the dollar

World markets plunge on growing recession fears

23 September 2022

The dollar has strengthened across the board as the Federal Reserve ramps up interest rates to fight inflation

Markets endure further losses as central banks turn screws

23 September 2022

The dollar has strengthened across the board as the Federal Reserve ramps up interest rates to fight inflation

World markets plunge on growing recession fears

23 September 2022

The Bank of England said the British economy has entered recession as it hiked interest rates once again to combat inflation

Markets drop as central banks hike rates

22 September 2022