a hawkish Federal Reserve and additional sanctions on Russia kept investors on edge.
At 6.09pm, it was 0.89% weaker at R14.797/$, 0.96% to R16.1149/€ and 0.96% to R19.3168/£. The euro was little changed at $1.0891. Equities markets are now reacting to interest rates after “steadfastly ignoring the reality of tighter monetary policy and the end of 0% interest rates, and central bank backstopping of the party,” said Oanda senior market analyst Jeffrey Halley.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
MARKET WRAP: Fed official’s hawkish comments drag JSE lowerFed governor Lael Brainard’s comments mean a 50 basis-point rate hike is on the table at its next meeting
Weiterlesen »
Business Maverick: U.S. Bonds, Stocks Sink as Rate-Hike Bets Ramp Up: Markets WrapThe U.S. bond selloff deepened and stocks declined on Wednesday as investors positioned for a stepped-up campaign of monetary tightening by the Federal Reserve to tackle high inflation.
Weiterlesen »