Platinum also plummets as Trump picks Warsh as next Fed chair
Stock exchange head also resigns following downgrade warnings from index compiler MSCI
Stocks, bonds and currencies have all soared as dollar weakness puts focus on fundamentals
Correlation with equity benchmarks hits highest in at least five years, raising concerns over performance during downturns
Software group pulls Nasdaq lower after reporting 66% year-on-year surge in data centre costs
Shares fall 16% as Europe’s largest software company says its cloud backlog growth will ‘slightly decelerate’
It’s the economy, stupid
Jakarta Composite index falls 10% as investors worry about potential reclassification
Brazilian digital lender raised $434mn in Nasdaq flotation
Optimism over earnings powers Wall Street rebound from Greenland crisis
Chair Jay Powell says robust growth and steadying jobs market show borrowing costs are not ‘restrictive’
Heightened geopolitical tensions trigger steep rise in prices of precious and base metals
Sharp sell-off triggers trading halt as investors fret over possible reclassification
The tide is turning against value shares as government bond yields decline
UnitedHealth and Humana drop more than 10% after hours on Monday on news of Trump administration’s plan
Rather than pursuing grand institutional designs, pragmatic steps are needed to unlock capital to boost growth
Japanese currency climbs sharply on speculation of joint US-Japan market intervention, adding to pressure on greenback
Proposals would cut amount of shares required to trade in public hands to 10% for non-UK incorporated companies
Investment bankers embrace ‘intense’ pitching as groups in defence, tech and wider economy prepare to go public
‘Insatiable’ demand and supply bottlenecks drive rally in once-unglamorous sector
Tracking the Donald Trump show has become pointless for investors in the short term
Performance of Czechoslovak Group underlines strong investor demand for defence companies
Statistically speaking
And the signal from staples
US president backed off his threat of new duties on European economies after market tumult