There are many parallels between the January 6 attack on the US Capitol in 2021 and the January 8 insurrection in Brasília two years later — not least, that investors appeared happy to initially shrug them both off. Look at a chart of the S&P…

Tidal Financial Group, the white-label ETF issuer, plans to guide a separately managed account through the complex process of converting to an actively managed transparent ETF, a regulatory filing shows.Tidal on Wednesday registered the Days Absolute Return ETF, which will be launched by converting an…

The collapse of Bahamas-based crypto exchange FTX has sparked fresh debate in Europe about whether the bloc’s digital asset regulations are up to the job of protecting the public against similar calamities. FTX’s spectacular implosion in November further destabilised a market that had already been…

Egypt allowed its pound to tumble to a new low on Wednesday as the country struggles with a foreign currency crisis that is choking businesses. The pound plunged as much as 14 per cent to trade at 32.2 to the US dollar.The slump in the…

One of the big financial market themes of 2022 was the renaissance of value investing, after a stretch so bad and so long that quants had to scour the history books for parallels. Think this, but for years: Things changed radically in 2022. The divergent…

European stocks edged higher and Wall Street futures slipped on Wednesday, as investors looked ahead to the release of December’s US inflation data later this week.The regional Stoxx Europe 600 added 0.4 per cent, Germany’s Dax gained 0.3 per cent and London’s FTSE 100 rose…