Euro zone bond yields dipped in early trade following a surge on Tuesday after the bloc's inflation data came in much higher than expected.
The dollar index which measures the currency against six major peers, including Japan's, rose 0.2% to 102.05, extending a 0.4% rally from Tuesday.The U.S. Federal Reserve begins shrinking asset holdings built up during the pandemic on Wednesday. Traders expect it will raise rates by 50 bps at meetings this month and next and they are unsure and increasingly worried about after that.
"We're in this kind of twilight zone now where it's just very difficult to get a handle on what the Fed are going to do after the July meeting," said Bank of Singapore analyst Moh Siong Sim.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks Making the Biggest Moves After Hours: Salesforce, Ambarella and MoreCheck out the companies making headlines after the bell on Tuesday, May 31.
Source: nbcchicago - 🏆 545. / 51 Read more »
Charts Suggest ‘It's Going to Be a Very Nice Summer' for Stocks, Jim Cramer SaysCNBC's Jim Cramer explained technical analysis from veteran chartist Larry Williams that suggests the market's recent rebound could last for the next few months. $SPY puts gonna print I wish i could get paid to just guess the future.
Source: nbcsandiego - 🏆 524. / 51 Read more »
Stocks open lower on Wall Street as crude oil prices riseOil is already up more than 60% this year, adding to inflationary pressures that are hurting American households and businesses.
Source: dothaneagle - 🏆 337. / 59 Read more »
Dow falls 400 points as U.S. stocks fall Tuesday morning after Memorial Day weekendU.S. stocks were down soon after the opening bell Tuesday morning, with the Dow Jones Industrial Average leading the decline after Memorial Day weekend. The... ArivaCoin ariva 🚀🚀🚀
Source: MarketWatch - 🏆 3. / 97 Read more »
Rich Dad Poor Dad's Robert Kiyosaki Warns of Stocks and Bonds Crashing — Depression, Civil Unrest Coming – Bitcoin NewsThe famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has predicted that a depression and civil unrest are coming. THIS NIGGA BEEN PREACHING DOOMSDAY SINCE 2015. A broken clock is right 2x a day He's also predicted 500 of the last 2 recessions. So there's that. Move along. Nothing to see here.
Source: BTCTN - 🏆 531. / 51 Read more »