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    George Steer

    Markets reporter

    George Steer is a markets reporter covering equities, bonds and currencies. He previously wrote about shipping, supply chains and logistics on the industry desk. Before joining the FT, he worked as a researcher at The Week magazine.
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    • Thursday, 23 November, 2023
      UK economy
      UK business activity grows marginally in November

      Better than expected PMI data raises hopes that economy will avoid stagnation in final quarter

      Customers at an Itsu restaurant in Battersea, London
    • Thursday, 23 November, 2023
      Gig economy
      Deliveroo’s sub clause keeps the wheels turning

      Maximising the freelance-rider problem

    • Wednesday, 22 November, 2023
      EU financial regulation
      European Commission fines Rabobank €26.6mn over bond trading cartel

      Deutsche Bank avoids penalty of almost €156mn after revealing existence of collusion

      The Deutsche Bank headquarters
    • Wednesday, 22 November, 2023
      Hedge funds
      Hedge fund short sellers suffer $43bn of losses in market rally

      Managers caught out in ‘painful’ rally as investors bet on quicker interest rate cuts

      An entrance to the headquarters of Samhallsbyggnadsbolaget i Norden AB (SBB) in Stockholm
    • Tuesday, 21 November, 2023
      Markets
      Charlie McElligott, meat-powered market mystic

      Catching up with Wall Street’s most wired analyst

    • Saturday, 18 November, 2023
      Eurozone economy
      Investors bet on earlier interest rate cuts in eurozone and UK

      Weak economic data have added to investors’ conviction on ECB and BoE moves next year

      Christine Lagarde  speaks at an event
    • Tuesday, 14 November, 2023
      Asset allocation
      Investors snap up bonds and stocks in bet interest rates have peaked

      Fund managers’ holdings of cash fell to a two-year low this month, Bank of America survey shows

      Traders work on the floor of the New York Stock exchange
    • Tuesday, 14 November, 2023
      Ransomware
      Wall Street and Beijing fight fallout of ransomware attack on China’s biggest bank

      New York arm of ICBC proposed using a USB stick to transmit data after its systems were compromised

      A montage of the logo for ICBC and the front of the US Treasury building
    • Friday, 10 November, 2023
      Central banks
      Market skittishness complicates central banks’ interest rate plans

      Falling government bond yields loosen the tight financial conditions policymakers want to create

      Christine Lagarde
    • Thursday, 2 November, 2023
      Sovereign bonds
      Stocks rally and bond yields tumble as investors trim interest rate outlook

      S&P 500 has best day in six months after dovish messages from central banks

      A trader on the floor of the New York Stock Exchange
    • Friday, 27 October, 2023
      Corporate earnings and results
      Higher rates spark tougher treatment for companies missing profit targets

      Disappointing earnings and outlooks trigger unusually severe share price declines

      The Google logo
    • Wednesday, 25 October, 2023
      Special ReportFTfm: Exchange Traded Funds
      How ETFs are bracing for the turbulence of El Niño

      Funds focused on food and commodities are hedging against expected price shocks from the weather event

      Aerial view of single-storey house at dusk surrounded by flooded fields
    • Wednesday, 18 October, 2023
      US Treasury bonds
      Treasury yields hit highest level since 2007 on higher rate fears

      Stocks fall and gold rises as Middle East tensions push investors to haven assets

      US Treasury building
    • Friday, 13 October, 2023
      Oil
      Oil jumps above $90 on concerns over escalation in Israel-Hamas war

      Prices hit highest level since start of crisis, with traders on ‘tenterhooks’

      A flame burns from a stack at an oil plant
    • Wednesday, 11 October, 2023
      IPOs
      European companies halt IPO plans on concerns over market conditions

      Planisware pulls largest offering in Paris for two years as investors worry over the prospect of prolonged stagflation

      A worker assembles the transmission for a tank at the Renk company
    • Tuesday, 10 October, 2023
      US Treasury bonds
      Search for haven assets feeds rally in US Treasuries

      Investors scale back rate rise expectations as bond markets respond to Hamas attack on Israel

      A montage of the US Treasury building and the logo of the Department of the Treasury
    • Tuesday, 3 October, 2023
      US Treasury bonds
      Bond sell-off intensifies as long-term US yields hit 16-year high

      Yen and rouble also rocked by expectations that Federal Reserve will keep interest rates higher for longer

      The US Treasury in Washington
    • Monday, 2 October, 2023
      Renewable energy
      Renewable energy stocks hit hard by higher interest rates

      Sector falls 20% in two months, with some wind turbine shares weighed down by contracts struck at unfavourable prices

      The sun sets behind wind turbines at a wind farm off the coast of the Guerande peninsula in western France
    • Friday, 29 September, 2023
      Markets
      US stocks notch quarterly drop against backdrop of Treasury sell-off

      Bond yields fell on Friday as investors welcome latest inflation data in the eurozone and US

      A montage of a globe and a chart
    • Friday, 29 September, 2023
      Eurozone inflation
      Eurozone inflation hits 2-year low as US price pressures ease

      Data helps steady bond markets and signals prospect of end to interest rate rises on both sides of Atlantic

      People shop for cheap clothes in Germany
    • Wednesday, 27 September, 2023
      Markets
      Crude climbs above $96 a barrel on US stockpiles concern

      Chinese equities advance after data shows improvement in industrial sector profits

      A montage of a road sign for Wall Street and a chart
    • Tuesday, 26 September, 2023
      Pound Sterling
      Sterling heads for worst month since Truss’s mini-Budget

      British pound declines as traders shift interest rate expectations

      The Bank of England in London
    • Thursday, 21 September, 2023
      Oil
      Hedge funds add fuel to oil price rally with bets on rise above $100

      Speculators have increased their long positions as crude has climbed almost 30% since June

      An oil refinery in California
    • Wednesday, 20 September, 2023
      Markets
      Two-year Treasury yield hits highest point since 2006 after Fed decision

      US central bank keeps rates steady but signals willingness to tighten monetary policy further

      A montage of a globe and a chart going up
    • Tuesday, 19 September, 2023
      Markets
      Treasury yields hit 16-year high ahead of Fed meeting

      Crude oil hits $95 a barrel before paring gains during afternoon trading in New York

      A montage of a road sign for Wall Street and a chart
    Previous page You are on page 1 Next page

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