Stocks, oil prices extend losses on recession fears

Central banks have provided very little Christmas cheer for stock markets this week.LONDON - Stock markets dropped further on prospects of more aggressive rises to interest rates to fight sky-high inflation, renewing concerns over the global economy entering recession next year.

While inflation in most countries has started coming down -- helped by a drop in energy costs -- it remains at multi-decade highs. "In a nutshell, it is all about fears over a sharper economic slowdown in 2023 than previously expected," noted Fawad Razaqzada, market analyst at City Index trading group.

🎀💌🍿I passed school by attending EnglishClass.I received a SchoolCertificate atAhgies.I wished to pass by learning with ClassMates and learning from teachers.ClassFriend or SchoolChoomie is also a ClassMate(How are all 3 different?)StandardBank at LSGP how?.(JanSmuts■Edgars)

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.

Business Maverick: US Stocks Rise Ahead of Fed; Short-Term Bonds Gain: Markets WrapUS stocks advanced and short-term Treasuries gained as investors debated whether inflation had eased enough to encourage the Federal Reserve to slow monetary tightening.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

International Finance: Asian stocks fall, dollar edges up on hawkish Fed: markets wrapAsian stocks followed US equities lower after the Federal Reserve signalled interest rates will climb higher than anticipated next year.
La source: dailymaverick - 🏆 3. / 84 Lire la suite »

Stocks take a knock on central banks joining Fed’s long game with hikesMarkets get disappointed again by recurring pattern of central banks not ready to turn into doves on cooling data
La source: BDliveSA - 🏆 12. / 63 Lire la suite »

World stocks near one-month lows as hawkish central banks hike ratesThis week’s hawkish message from the European Central Bank and the Federal Reserve brought an abrupt end to optimism that peak rate is almost here
La source: BDliveSA - 🏆 12. / 63 Lire la suite »