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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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  • 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
  • Friday, 8 September, 2023
    Euro
    Euro suffers eight-week losing streak as economy falters

    Steady decline against dollar reflects growing gulf with more robust US performance

    US dollar and euro currency bills
  • Friday, 8 September, 2023
    Global Economy
    To whom doth central bankers speak?

    “the average citizen is certainly worried about inflation”

  • Thursday, 7 September, 2023
    Corporate bonds
    US and European companies rush to issue debt before rate decisions

    Barclays, Nestlé and Toyota issue bonds on Wednesday, after Tuesday ranks as one of top 10 busiest days ever for debt market

    Construction of a highway
  • Friday, 1 September, 2023
    Equities
    US stocks advance over course of week full of economic data

    August figures raise hopes of a Goldilocks scenario for economy that could ease pressure on Fed to lift rates further

    A montage of the Federal Reserve building and US dollar notes
  • Tuesday, 29 August, 2023
    Food Prices
    El Niño’s storm clouds gather over global food prices

    Weather event could raise inflation in poorer countries and put pressure on central banks

  • Wednesday, 23 August, 2023
    Retail & Consumer industry
    Foot Locker cuts outlook with warning on consumer spending and theft

    Shares of retailer plunge as it becomes the latest US group to warn on economic challenges facing shoppers

    shoppers walk with a Foot Locker bag
  • Wednesday, 23 August, 2023
    Equities
    Global stocks head for worst month in nearly a year

    After strong first half to the year, markets are hit by concerns over interest rates and China

    Montage showing Apple smartphones and logos for Nvidia, Tesla and Microsoft
  • Saturday, 19 August, 2023
    S&P 500
    Surge in zero-day options sparks fears over market volatility

    Very short-dated options account for 43% of volume in S&P 500 options

    Federal Reserve chair Jay Powell appears on a screen on the trading floor of the New York Stock Exchange
  • Sunday, 13 August, 2023
    UK inflation
    How far will UK inflation fall? 

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

    A shopper uses a card to touch a contactless payment terminal at  a fruit and vegetable stall at a market in Norwich, UK
  • Saturday, 12 August, 2023
    Equities
    Hedge funds pile into equities after missing this year’s rally

    Commodity trading advisers aim to catch up after missing out

  • Wednesday, 9 August, 2023
    Markets
    US stocks slip as investors look to inflation data

    Oil price climbs to seven-month high

    A montage of a globe and a chart
  • Wednesday, 9 August, 2023
    Agricultural commodities
    Orange juice futures hit record high after storms ravage Florida crop

    Hurricanes and disease have devastated US growers

    Oranges on a tree
  • Friday, 4 August, 2023
    Hedge funds
    Hedge funds lose $6bn betting against cruise lines and hotels

    Shares in Carnival, Royal Caribbean and Airbnb have surged as consumers keep spending

    Royal Caribbean’s Explorer of the Seas cruise ship docked in Miami
  • Friday, 28 July, 2023
    Markets
    Wall Street stocks boosted by signs of slowing inflation

    US markets rebound from two days of declines after Federal Reserve’s preferred measure of price pressures eases

    A montage of a globe and a chart
  • Thursday, 27 July, 2023
    Eurozone interest rates
    ECB raises interest rates back to record high

    Ninth consecutive increase comes as investors bet against further rate rises

    ECB president Christine Lagarde pictured in Frankfurt on Thursday
  • Saturday, 22 July, 2023
    UK equities
    UK stocks stage biggest rally since early January after inflation drops

    Market has largely missed out on the global rally so far this year

    Barratt Developments flags at a building site
  • Friday, 21 July, 2023
    Commodities
    Indian ban on rice exports stokes fears of global food inflation

    Action by grain’s biggest exporter comes in same week that Russia targets wheat

    A worker carries boiled rice in a wheelbarrow in Kolkata, India
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