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Tommy Stubbington

Capital Markets correspondent
Email Tommy Stubbington @tomstub  on Twitter (link opens in a new browser window)
Email Tommy Stubbington @tomstub  on Twitter (link opens in a new browser window)

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  • Monday, 27 June, 2022
    Russian business & finance
    Russia set for first debt default since 1998 as payment deadline passes

    Grace period for $100mn foreign currency bond interest payment ended on Sunday evening

  • Friday, 24 June, 2022
    Russian business & finance
    Russia heads towards default as payment deadline looms

    Grace period for $100mn in interest payments ends on Sunday evening

  • Thursday, 23 June, 2022
    Markets
    Government bonds rally on fears of global economic slowdown

    Disappointing eurozone business activity data and comments from Federal Reserve chair add to cloudy outlook

  • Thursday, 23 June, 2022
    Japanese economy
    Investors crank up bets on BoJ surrendering yield curve controls

    Wagers against Japanese bonds divide foreign and domestic fund managers

  • Friday, 17 June, 2022
    The Big Read
    Time for strong medicine: How central banks got tough on inflation

    In the US and Europe, policymakers are beginning to accept that dealing with rising prices will not be painless

  • Thursday, 16 June, 2022
    Equities
    US stocks sink after UK and Switzerland follow Fed in raising rates

    S&P 500 ends session down 3.2%, taking the benchmark’s losses for the week to 6%

  • Thursday, 16 June, 2022
    Swiss National Bank
    Swiss central bank surprises with first interest rate rise since 2007

    Franc surges on SNB announcement that benchmark rate would rise to minus 0.25%

  • Wednesday, 15 June, 2022
    Monetary policy
    Fed begins quantitative tightening on unprecedented scale

    US central bank’s move to reduce $9tn balance sheet comes alongside steep rate rises to tackle persistent inflation

  • Tuesday, 14 June, 2022
    Italian economy
    Surging borrowing costs take Italy ‘close to the danger zone’

    Planned withdrawal of ECB stimulus intensifies debate over Rome’s debt

  • Monday, 13 June, 2022
    UK GDP
    Sterling falls to 2-year low against dollar after UK economy contracts

    April figures show GDP falling 0.3%, missing forecasts of a rise of 0.1%

  • Sunday, 12 June, 2022
    ExplainerMarket Questions
    Will the Fed signal a slower pace of rate rises this autumn?

    Market Questions is the FT’s guide to the week ahead

  • Friday, 10 June, 2022
    Sovereign bonds
    Italian and Greek borrowing costs jump on eurozone rate fears

    Investors in retreat as hawkish ECB stance triggers sovereign debt sell-off

  • Friday, 10 June, 2022
    Pound Sterling
    Investors bet against pound over ‘dire’ threat of stagflation

    Traders question how far the Bank of England can raise rates in the face of cost of living crisis

  • Thursday, 9 June, 2022
    Eurozone economy
    ECB takes hawkish turn to counter record-high inflation

    Central bank paves way for first rate rise in more than a decade and suggests pace could quicken in September

  • Thursday, 9 June, 2022
    European Central Bank
    Investors are anticipating too much tightening from the ECB, says BlackRock

    World’s largest asset manager expects slowing growth will temper pace of rate rises

  • Tuesday, 7 June, 2022
    Russian business & finance
    Trading in Russian debt stalls as US spells out ban

    Banks effectively halt dealings in country’s bonds after clarification over secondary market, say fund managers

  • Wednesday, 1 June, 2022
    Russian business & finance
    Russia’s ‘failure to pay’ bond interest triggers credit default swaps

    International derivatives panel’s decision paves way for $2.5bn of payouts on insurance-like contracts

  • Wednesday, 1 June, 2022
    Food Prices
    Global food price ‘shock’ amplifies risks for emerging markets

    Rising costs of key ingredients will strain public finances and put pressure on ratings, S&P warns

  • Tuesday, 31 May, 2022
    Pound Sterling
    Banks warn of grim prospects for pound as economy slows

    Currency is trading near its lowest level since early 2021 against major trading partners

  • Thursday, 26 May, 2022
    Russian economy
    Russia slashes rates in effort to cool rouble’s rapid ascent

    Currency rally shows sanctions over invasion of Ukraine are cutting the country from global trade

  • Thursday, 26 May, 2022
    Sovereign bonds
    Government bond markets rally as growth fears overshadow inflation

    Some investors are betting that recession risks will push yields lower in coming months

  • Wednesday, 25 May, 2022
    The Big Read
    How hubris and Covid transformed Sri Lanka from ‘donor darling’ to default

    The country has opened talks with the IMF over a $4bn bailout with observers waiting to see how China, one of the main creditors, will react

  • Monday, 23 May, 2022
    European Central Bank
    Eurozone to end negative interest rates within months, Lagarde indicates

    ECB president’s remarks send euro and yields up

  • Wednesday, 11 May, 2022
    Foreign exchange
    Euro to hit parity against the dollar within six months, Amundi says

    Chief investment officer Vincent Mortier predicts the ECB will fall further behind Fed on policy tightening

  • Tuesday, 10 May, 2022
    Emerging markets
    Emerging markets hit by ‘toxic’ mix of rising rates and slower growth

    Currencies such as China’s renminbi fall sharply as risks mount for developing economies

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