News Formal

U.S. investors brace for more wild market gyrations after dizzying Q3

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 92%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Many investors are looking to the next three months with trepidation

, betting the selloff in U.S. stocks will continue until there are signs the Fed is winning its battle against inflation.

The third quarter saw the index rise by nearly 14% before reversing to make a fresh two-year low in September after investors recalibrated their expectations for even more aggressive Fed tightening.With several big Wall Street banks expecting the benchmark index to end the year below current levels - Bank of America and Goldman Sachs both recently published year-end targets of 3,600 - the outlook for dip-buying remains murky.

The ICE BofAML U.S. Bond Market Option Volatility Estimate Index shot to its highest level since March 2020 as the ICE BofA US Treasury index is on track for its biggest annual drop on record. The greenback is up about 7% for the quarter against a basket of currencies and stands near its highest level since May 2002. The dollar’s strength has the Bank of Japan to shore up the yen through interventions while also presenting an earnings headwind for U.S. corporates.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 5. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

U.S. stocks drop as Fed's hawkish drumbeat persists - BNN BloombergU.S. stocks dropped as fresh data painted a picture of an economy that can handle further Federal Reserve tightening, and concern about the global economy overshadowed the Bank of England’s move to restore calm.
Fonte: BNNBloomberg - 🏆 83. / 50 Consulte Mais informação »

Wild UK market swings ‘opportunity of a lifetime’ for hedge fundsInvestors that use signals in the economy to trade in government bonds and currencies say that Wednesday was a day to go big
Fonte: globeandmail - 🏆 5. / 92 Consulte Mais informação »

Royal Bank of Canada lays off 1% of its U.S. investment banking teamRBC Capital Markets cut one per cent of its U.S. investment banking team, with a focus on junior staff. Find out more.
Fonte: financialpost - 🏆 7. / 85 Consulte Mais informação »

Royal Bank of Canada lays off 1% of its U.S. investment banking teamRBC Capital Markets cut one per cent of its U.S. investment banking team, with a focus on junior staff. Find out more.
Fonte: fpinvesting - 🏆 43. / 63 Consulte Mais informação »