News Formal

International Finance: Dollar up, stocks down as traders eye rate paths: markets wrap

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 84%

इंडिया समाचार समाचार

इंडिया ताज़ा खबर,इंडिया मुख्य बातें

The dollar advanced and stocks extended declines in Asia at the start of a pivotal week for markets, with interest rate decisions due from the Federal Reserve, the European Central Bank and a host of their peers.

The greenback rose versus all of its Group-of-10 counterparts while an index of Asian equities fell, ending a two-day winning streak.

Recession fears have resurfaced ahead of the Fed decision on Wednesday, when policymakers are expected to downshift to a 50 basis points hike. Yet officials including chair Jerome Powell have also stressed that borrowing costs will need to remain restrictive for some time, putting them at odds with some investors looking for rate cuts later in 2023.

“Easing financial conditions and expected China stimulus could mean the Fed continues to chase the inflation train from the back into the next year as well,” strategists at Saxo Capital Markets wrote in a note.

 

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:

 /  🏆 3. 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।

R1.6 billion heist traced to a Florida 'psychic' who promised to cleanse jewels of bad spirits | Business InsiderA US federal agent alleged the theft included a 13.15-carat pink diamond which was abruptly pulled from Christie's auction house before going on sale.
स्रोत: BISouthAfrica - 🏆 34. / 51 और पढो »