U.S. stocks steady ahead of Fed meeting; Dollar falls - BNN Bloomberg

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 50%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Equities erased early gains ahead of the Federal Reserve's policy meeting Wednesday. A gauge of the dollar fell and gold rose.

European stocks and U.S. futures were little changed after euro-area manufacturing activity sank to the lowest level since the first COVID-19 lockdowns in 2020 as record inflation and a weakening global economy erode demand for goods. The Hang Seng Index rose in a session cut short by a storm warning. Traders are weighing mixed economic data ahead of the Fed meeting, where the central bank is expected to raise interest rates by 75 basis points for the fourth time in a row.

Focus will be on Fed Chair Jerome Powell's comments following the decision as traders seek clues about where policy is headed. European investors are grappling with an energy crisis, a looming recession and soaring prices. A.P. Moller-Maersk A/S, a bellwether for global trade, cut its forecast for the global container market, saying demand will shrink as much as 4 per cent this year and could also contract in 2023 as an economic slowdown weighs on bookings.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 83. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

U.S. stocks steady ahead of Fed meeting; Dollar falls - BNN BloombergEquities erased early gains ahead of the Federal Reserve's policy meeting Wednesday. A gauge of the dollar fell and gold rose.
La source: BNNBloomberg - 🏆 83. / 50 Lire la suite »