World stocks dropped on Tuesday as investors braced for the Federal Reserve to signal it could temper or scrap expected cuts to interest rates this month. Stellar non-farm payroll data last week pointed to a robust US labor market, which"could prompt the central bank to use a smaller knife when cutting interest rates," said Neil Wilson, chief market analyst for Markets.com.
World stocks dropped on Tuesday as investors braced for the Federal Reserve to signal it could temper or scrap expected cuts to interest rates this month. Stellar non-farm payroll data last week pointed to a robust US labor market, which"could prompt the central bank to use a smaller knife when cutting interest rates," said Neil Wilson, chief market analyst for Markets.com.
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US stocks drop on lower odds for steep Fed rate cutStocks are down on Wall Street in morning trading amid growing speculation among investors that unexpectedly strong U.S. employment data may keep the Federal Reserve from aggressively cutting interest rates How can an economy be strong and the need to cut interest rates exist? Im afraid if we get another recession It’s almost as if they know that a down market increases the likelihood of a rate cut, which then leads to a bigger bump in stock prices. A skeptical, critically thinking individual may think they’re gaming the system. But, of course, Wall Street wouldn’t do that.
La source: ABC - 🏆 471. / 51 Lire la suite »
European stocks set to open lower as hopes of a Fed rate cut fadeEuropean stocks are set to open lower Tuesday as diminished hopes of a rate cut from the U.S. Federal Reserve this month continues to dampen investor sentiment.
La source: CNBC - 🏆 12. / 72 Lire la suite »
Asia stocks fall to two-week low as hopes fade for big Fed rate cut, tech stocks dragAsian stocks fell to their lowest levels in two and a half weeks on Tuesday as h... US economy doing great. Stock markets disappointed.
La source: Reuters - 🏆 2. / 97 Lire la suite »
Swiss stocks are collateral damage in a worsening trade rowSwitzerland bans trading of its shares outside its borders in response to the EU’s strong-arm tactics I don't like my face so i'll cut off my nose. 👏
La source: TheEconomist - 🏆 6. / 92 Lire la suite »