Premarket: Global stocks slide ahead of U.S. Fed minutes while crypto soars

Stocks drifted lower while the dollar held firm on Tuesday as investors awaited minutes of the Federal Reserve’s latest policy meeting to gauge the timing and extent of possible interest rate cuts this year.

Traders rushed to rebuild easing bets after data earlier this month showed consumer price pressures eased in April following three months of upside surprises at the start of the year. In early trading, Britain’s FTSE 100 fell 0.5 per cent, Germany’s DAX gave back 0.39 per cent and France’s CAC 40 retreated 0.78 per cent.

At the same time, record highs for metals such as gold and copper “is being pointed to as a signal economic activity is improving globally, and that may be a factor keeping inflation sticky,” Rodda said.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Premarket: Global stocks drift after Fed officials hint interest rates may not fall soonLatest data show that U.S. labour market remains tight; U.S. futures pointing lowewr
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Premarket: Global stocks sluggish after Fed signals no quick rate cutsU.S. futures up ahead of Apple results; yen backtracks after another suspected intervention
Herkunft: globebusiness - 🏆 31. / 66 Weiterlesen »

Premarket: Global stocks little changed ahead of U.S. inflation dataBenchmarks in Europe, Wall Street futures were steady
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »

Premarket: European stocks rise, U.S. dollar climbs as Fed rate path ponderedU.S. futures flat while oil prices were mired near two-month lows
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »