Global stocks close in on 4-week highs, oil rises on hopes of 'soft landing'

  • 📰 Reuters
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

World stocks rallied on Monday to their highest levels since mid-December after China reopened its borders while benchmark Treasury yields drifted lower as investors scaled back expectations for further rate hikes by the Federal Reserve.

gained 0.71% after being up as much as 1.5% earlier in the day.

The U.S. dollar index was down around 0.7%, near its lowest in seven months, after it dropped 1.2% on Friday .

 

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

LOLOL, 2023 just began... Putin

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:

 /  🏆 2. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

5 things to know before the stock market opens MondayHere are the most important news items that investors need to start their trading day. With the Fed slowing rate hikes now Markets will rise and a return of inflation will cause them to raise more aggressively later this year. It’s death by a thousand cuts later. What a mess
Source: CNBC - 🏆 12. / 72 Read more »

EVs Take 55% Of The German Auto Market In December!The tide has turned in the electrification of the German auto market, with plugin electric vehicles taking the majority of sales for the first time in December. 33% - but still very impressive! :D Just hope demand doesn't go down too much in 2023 since the Government Bonus is reduced from 6000 to 4500 € (average EV price in Germany = 50000 €) Wow! This is a huge milestone! Germany. Electric. Boom! The future is electric. The future is now. 35% to 55% in 12 months with BEV share increasing more is very good news
Source: cleantechnica - 🏆 565. / 51 Read more »