US and European stock markets have lost ground again as global political and economic uncertainty continues to haunt investors. Despite their apparent recovery on Wednesday, leading US indexes fell nearly 2% in early Thursday trading, following similar losses in Europe. Weak US consumer confidence data for December sparked the latest sell-off. However, analysts cautioned that […]

President Donald Trump has lashed out at the US central bank for stock market turmoil, saying the American economy’s only problem is the Fed itself. In a tweet, Mr Trump said the Federal Reserve lacks understanding of markets and “necessary trade wars”. The salvo came as Mr Trump’s treasury secretary scrambles to calm nervous investors. […]

Moves to ease Turkey’s economic woes have failed to stop market turmoil as the country’s row with the US deepens. Turkey’s President, Recep Tayyip Erdogan, said on Monday that the US was seeking to “stab it in the back”. The US last week imposed sanctions on Turkey over its refusal to extradite a US preacher […]