News Formal

Stocks falter as economic worries nag, big rate hike lifts kiwi dollar

  • 📰 Reuters
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

World stock markets stumbled on Wednesday as signs that the economic outlook is weakening spurred caution, while a bigger-than-expected interest-rate hike from New Zealand lifted the kiwi dollar.

pulled further away from Tuesday's almost seven-week highs, while Asia trade was thinned by holidays in Hong Kong and China.

Interest rate futures have rallied strongly in recent weeks as traders bet that turmoil in the banking sector will tighten up on lending anyway and save the need for the Federal Reserve to do the job.a better-than-even chance that the Fed has finished raising rates and more than 60 bps in cuts this year.

In a note, Pictet Asset Management chief strategist Luca Paolini said that with focus turning from inflation to growth risks, Pictet had upgraded U.S. equities to neutral from underweight.The U.S. dollar index was stuck at two-month lows and the currency fell to its lowest since August 2021 against the Swiss franc at 0.9049 on a view that the end of the U.S. Federal Reserve tightening cycle was drawing nearer.

Two-year Treasury yields were 3 bps higher at 3.87% but well below highs above 5% seen just before the collapse of Silicon Valley Bank last month .

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 2. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

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?
ソース: MarketWatch - 🏆 3. / 97 続きを読む »