Stock markets are bouncing back on Friday, although I don't think anyone is getting excited by the moves which pale in comparison to the losses that preceded them.
This looks like nothing more than a dead cat bounce after a steep decline over the last couple of weeks as investors have been forced to once again accept that interest rates are going to rise further and faster than hoped.
Double-digit eurozone inflation
Inflation in the eurozone hit 10% in September ahead of schedule, with markets e
30-09-2022 07:17 GMT
by Craig Erlam