Stocks meander as US jobs dry up, kiwi jumps on RBNZ surprise

  • 📰 Reuters
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Stocks struggled to make headway on Wednesday, the dollar nursed losses and bonds clung to gains, as signs of a slowing U.S. labour market made investors nervous about the economic outlook, while a bigger-than-expected rate hike lifted the kiwi dollar.

Futures indicated European markets were set for a broadly lower open, with Eurostoxx 50 futures down 0.26%, German DAX futures down 0.12%. FTSE futures however were up 0.04%.

"The current crisis is not yet over," he said. "And even when it is behind us, there will be repercussions from it for years to come." Two-year yields are at 3.864% and 10-year yields at 3.352%, with the whole U.S. yield curve below top of the Fed funds rate window, which is at 5%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Can’t be.

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:

 /  🏆 2. in İE

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 struggle as US jobs dry up, kiwi leaps on RBNZ surpriseStocks struggled to make headway on Wednesday, the dollar nursed losses and bonds clung to gains, as signs of a slowing U.S. labour market made investors nervous about the economic outlook, while a bigger-than-expected rate hike lifted the kiwi dollar. Well of course. The country has been hijacked by communist authoritarian demons.
Source: Reuters - 🏆 2. / 97 Read more »

10 value stocks expected to act like growth stocks through 2024These companies are expected to put up vastly improved numbers for sales, earnings and cash flow over the next two years. Interesting! What stocks are included in the list? Interesting! What stocks are they?
Source: MarketWatch - 🏆 3. / 97 Read more »