Global stocks mostly fall amid central bank concerns

  • 📰 eNCA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

European and US stocks mostly fell on Friday, with investors focused firmly on central bank interest rate hikes as the US dollar rallied.

After slumping through the first half of 2022 amid concerns over central bank tightening, stocks have done better since the end of June as investors bet on a pivot by the Federal Reserve some time in the near future.

In Europe, London's blue-chip FTSE-100 index just barely managed to stay in the green, but Paris and Frankfurt tumbled around one percent. Patrick O'Hare, analyst at Briefing.com, said the recent rally has been driven by the market"embracing a belief that the Fed won't have to get overly restrictive with its monetary policy before ultimately shifting to an easing stance."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This globalization clearly favours the minority.

The banks and central bank cabal are 100% responsible for this. It was planned shortages and planned debt and planned interest rate hikes. And the captured media like you and news24 are their puppets

I have no idea on Bitcoin but I'm currently earning R67,458.67 weekly with R15,000 start up Capital, I'm happy to invest with Gabriel_FOS1 i just pulled out my profit,i highly recommend her to those interested Gabriel_FOS1

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in CA

Canada Canada Latest News, Canada Canada Headlines