LONDON, Sept 22 - Global shares wilted and U.S. yields climbed multi-year highs on Friday after a week packed with central bank meetings signalled that the U.S. Federal Reserve's interest rates would stay higher for longer.
Oil prices , were above $90 a barrel, though on track for a small weekly drop after gaining more than 10% in the previous three weeks amid concerns about tight global supply.MSCI's index of global equities was slightly weaker and down about 2.6% for the week so far. "The massive week for central banks has really been all about the Fed. That is the focus of the market and that's what's driving the dollar right now," said Eren Osman, managing director of wealth management at Arbuthnot Latham.
Weighing further on sentiment, German busines activity fell for the third straight month in September, pointing to a deep economic contraction in Europe's biggest economy.U.S. stock futures were slightly firmer after Wall Street fell on Thursday on worries that the Fed, which paused on rate hikes on Wednesday, will nevertheless keep borrowing costs at current levels for longer than previously anticipated.
Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Premarket: World stocks wilt, yields firm on re-pricing ‘high-for-long’ Fed ratesU.S. dollar heads for tenth consecutive weekly increase
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »
Stock losses deepen as Wall Street braces for 'higher for longer' interest rates: Stock market news todayUS stocks continued their retreat on Thursday as investors worried over the Fed's hawkish stance.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »
TSX opens higher on gains in material, healthcare stocks; U.S. Fed rate decision in focusKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Herkunft: KitcoNewsNOW - 🏆 13. / 78 Weiterlesen »
European Stocks Rise on Cooling UK Inflation Before Fed DecisionEuropean stocks rose on Wednesday as an unexpected slowdown in UK inflation lifted risk appetite ahead of the Federal Reserve’s policy decision later in the day.
Herkunft: BNNBloomberg - 🏆 83. / 50 Weiterlesen »
Stocks slide after Fed pauses, hints at higher interest rates for longer: Stock market news todayStocks were mixed Wednesday as Wall Street digested the Federal Reserve's decision to hold interest rates steady as expected.
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »
Stocks waver, short-end U.S. yields rise after hawkish Fed statementKitco News collects and features the top financial, economic and geopolitical news from around the world. Kitco's aggregated sources include some of the top newswires in the world including the Association Press, Canadian Press, Japanese Economic Newswire, and United Press International.
Herkunft: KitcoNewsNOW - 🏆 13. / 78 Weiterlesen »