Asia stocks on edge for earnings, China data

  • 📰 Reuters
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 97%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

And at least eight top Fed officials are speaking this week, including three governors.

Analysts expect Q1 S&P 500 earnings to fall 5.2% from the year-ago period, though BofA analyst Savita Subramanian is more concerned about the outlook for 2023.

"Demand for consumer goods has already softened and now we're watching services," said Subramanian. "Airlines, hotels and restaurants are feeling pressure from slowing macro, tough comps and no respite from wage pressure." Yet, the outlook has also turned more hawkish on the European Central Bank , sending German two-year yields surging 33 basis points over the week for the biggest increase since September.

That sea change saw the euro gain 0.8% last week, even after a dip on Friday. Early Monday, the single currency was holding at $1.0983 having hit a one-year high of $1.1075 last week.remains committed to its super-easy monetary policy, at least for now. That kept the dollar at 133.96 yen , after rallying 1.2% last week.

 

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:

 /  🏆 2. in BR

Brasil Últimas Notícias, Brasil Manchetes

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

Fed Pause Wouldn’t Necessarily Refresh Stock MarketFaltering earnings growth and high valuations are factors that could undercut stocks’ tendency to rise after rates peak. Bullshit! The stock market is not the economy
Fonte: WSJ - 🏆 98. / 63 Consulte Mais informação »