Stocks slide as corporate results fuel recession fears

📆 26/01/2023 04.45.00
📰 Reuters

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 97%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

A gauge of global equity markets slid from five-month highs and Treasury yields rose on Wednesday as corporate results fueled recession fears, overshadowing recent optimism that the Federal Reserve could soon back off aggressive monetary tightening.

The fastest tightening of monetary policy since the 1980s has led investors to weigh inflation concerns against recessionary fears, leading markets to higher, then lower.it would likely halt further hikes after lifting its key interest rate to 4.5% on Wednesday.

Longer-dated Treasury yields rebounded ahead of the Fed policy-setting meeting next week. Futures are pricing in a 94.7% probability of a 25 bps hike. The Canadian dollar fell 0.36% versus the greenback at 1.34 per dollar after the central bank's outlook.in January did little to push the single currency higher for now.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

Tulis Komentar

Thank you big business for worrying that you are not making ENOUGH money! There goes my 401K . . .AGAIN!!

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Indian shares rise on earnings, easing recession worriesStrong third-quarter corporate earnings lifted Indian stocks ahead of the federal budget due next week, while a technology stocks-led rally on Wall Street helped broader sentiment.
Sumber: Reuters - 🏆 2. / 97 Baca lebih lajut »