News Formal

European stocks open higher, shrug off Asian market weakness

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

इंडिया समाचार समाचार

Global markets seem to be accepting the possibility of more Covid-19-linked activity curbs and an accelerated pace of stimulus tapering by the US Fed

An employee passes share price information displayed on an electronic ticker board inside the London Stock Exchange. File photo: BLOOMBERG via GETTY IMAGES/LUKE MACGREGOREuropean shares opened firmer on Friday, shrugging off weakness in Asia as markets appeared to be slowly accepting the possibility of more Covid-19-linked activity curbs and an accelerated pace of stimulus tapering by the US Federal Reserve.

A figure close to that should confirm the Federal Reserve will accelerate the pace of unwinding its bond purchases, aschairperson Jerome Powell suggested recently. “The market is pricing some tightening in the US but we believe the real economy is less sensitive to the pricing...household balance sheets are rock-solid,” said Raphaël Gallardo, an economist at Carmignac.

News of Didi’s New York delisting, while not unexpected, worsened the mood, especially after another Asian ride hailing titan Grab fell 20% on its Nasdaq debut. Markets worldwide have seen massive swings this week, with CBOE’s volatility index, dubbed Wall Street's “fear gauge” heading for its sharpest one-week leap since February 2020. Bond and currency volatility too has surged.

 

आपकी टिप्पणी के लिए धन्यवाद। आपकी टिप्पणी समीक्षा के बाद प्रकाशित की जाएगी।
हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

 /  🏆 12. in İN

इंडिया ताज़ा खबर, इंडिया मुख्य बातें

Similar News:आप इससे मिलती-जुलती खबरें भी पढ़ सकते हैं जिन्हें हमने अन्य समाचार स्रोतों से एकत्र किया है।

Didi’s New York delisting puts Asian stocks under pressureRide-hailing company’s plan to list in Hong Kong renews fears about US-China tensions and tech regulation
स्रोत: BDliveSA - 🏆 12. / 63 और पढो »

Asian stocks mixed with traders sensitive to Omicron headlinesAsian markets were mixed on Thursday and oil edged up with traders still trying to claw back their latest Omicron-induced losses.
स्रोत: eNCA - 🏆 49. / 51 और पढो »

Didi’s New York delisting puts Asian stocks under pressureRide-hailing company’s plan to list in Hong Kong renews fears about US-China tensions and tech regulation
स्रोत: BDliveSA - 🏆 12. / 63 और पढो »