News Formal

Stocks rally and dollar drop on hopes Fed rates have peaked

  • 📰 brieflyza
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 68%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Stocks and oil prices rose while the dollar weakened Thursday as a much-needed burst of confidence flows across world markets after the Federal Reserve hinted it has come to the end of its long-running interest rate hiking cycle.

Global traders are in a bullish mood after the Federal Reserve's latest meeting. Photo: CHRIS HONDROS / GETTY IMAGES NORTH AMERICA/Getty Images via AFPAsian traders picked up the baton from their Wall Street counterparts, who welcomed what was seen as a dovish stance by the central bank and its governor, while data suggesting its tightening measures were taking hold provided extra support.

Analysts said Powell's use of"financial" was significant, as it acknowledged that it was not just credit that was tightening, with surging Treasury yields being seen as financial markets helping the Fed do its heavy lifting. All three main indexes rallied in New York, with the Nasdaq and S&P 500 up more than one percent as below-forecast jobs growth and manufacturing activity were cheered as a sign that theHong Kong, Tokyo, Shanghai, Sydney, Singapore, Seoul, Taipei, Jakarta and Wellington were all sharply higher.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 10. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Asian stocks stuttered ahead of Fed: Frail yen in focusAsian stocks stuttered on Wednesday ahead of a keenly-awaited policy decision from the Federal Reserve later in the day.
Fonte: TheSAnews - 🏆 25. / 59 Leggi di più »

Nigerian stocks rally, cross psychological level of 70,000 for first timeNigeria's share index crossed a psychological threshold of 70,000 points for the first time on Wednesday after stocks gained for the third straight session, Refinitiv data showed.
Fonte: ReutersAfrica - 🏆 31. / 53 Leggi di più »