Premarket: Global stocks steady as traders brace for Fed easing

  • 📰 globebusiness
  • ⏱ Reading Time:
  • 24 sec. here
  • 16 min. at publisher
  • 📊 Quality Score:
  • News: 62%
  • Publisher: 66%

Newsletter Nouvelles

Marketupdate,Tsx,Stocks

Traders still debating odds of 50 basis points or 25 basis points cut

The dollar slipped on Wednesday while Treasury yields edged higher and global stocks steadied as traders weighed the odds of a super-sized Federal Reserve interest rate cut later in the day.

The chances of the Fed kicking off its easing cycle with a super-sized cut of 50 basis points were revived earlier this week, after media reports raised the prospect of more aggressive action. “The worst that you can get is they go 25 and pretend that everything is normal and that monetary policy still needs to be restrictive.”The MSCI’s index of world stocks was flat after having touched a two-week high a day earlier and just below an all-time high.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 31. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Premarket: Global stocks pause, U.S. dollar languishes ahead of Fed update on ratesInvestors are hoping for clearer clues from U.S. central bank on Friday
La source: globeandmail - 🏆 5. / 92 Lire la suite »

Premarket: Global shares trade higher on moderate optimism about tech companies and global economyEuropean stocks touch record intraday high
La source: globeandmail - 🏆 5. / 92 Lire la suite »