An employee passes share price information displayed on an electronic ticker board inside the London Stock Exchange offices in London, UK. Picture: BLOOMBERG/LUKE MACGREGOR
Investors are also watching the fallout from this week's plunge in shares of India's Adani group, which continued to nosedive on Friday with market losses amounting to $115bn in the wake of a US short-seller's report. The mood turned much more cautious on Thursday, however, as US tech shares took a beating in US after-hours trading.
“We will see headwinds from further earnings downgrades, but we have incorporated quite a lot [of this] already so I think markets can hold here if we are indeed right on the Fed.” “Not least it would provide the most important evidence to date to suggest that the market's rates pricing is more appropriate than the Fed's own more hawkish signalling,” Ruskin said.
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Business Maverick: ECB Hikes by Half-Point and Signals Same Again in MarchThe European Central Bank lifted interest rates by a half-point, with President Christine Lagarde saying another such move is almost certain next month, despite conceding that the inflation outlook is improving.
Weiterlesen »
MARKET WRAP: JSE and rand firm as Fed meeting draws to a closeAll eyes are on Fed chair Jerome Powell who will give a briefing after a widely expected 25 basis-point rate hike
Weiterlesen »