Inflation is coursing through the global economy, and central bankers around the world are raising rates in a bid to stamp out these scorching consumer prices.

Asian markets were wrapped in caution on Tuesday as investors nursed the nasty hangover from the previous day’s rout as fears over the impact of China’s new lockdowns lingered in the air.

Sterling hijacked our attention last Friday after collapsing like a house of cards!

Currency markets exploded to life this week as global growth concerns, inflation worries, and geopolitical tensions rocked global risk sentiment.