Global stocks gain as markets await U.S. Fed chair speech

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 99%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Global shares gained Thursday as investors awaited a highly anticipated speech by the U.S. Federal Reserve chair about interest rates at the end of the week.

Benchmarks rose in Europe in early trading after finishing higher in Japan, Australia, South Korea and China. Trading was temporarily delayed in Hong Kong by a storm.Market watchers say share prices are likely to sway for some time, regardless of whether the focus is on controlling inflation or recession risks. In Asia, a wait-and-see mood has set in during recent sessions, as markets look for signs from the Fed.

Chinese shares have declined this week amid recent policy rate cuts by the People's Bank of China, which also announced policies to stimulate the economy. A recent surge in prices of fresh food remains a risk, according to market analysts. The Bank of Korea said the nation's gross domestic product -- the total value of a nation's products and services -- is projected to grow by 2.6% in 2022 and 2.1% in 2023.

Stocks have been driven higher through the summer on hopes that inflation was near its peak and that the U.S. Federal Reserve may hike interest rates less aggressively than earlier feared. But recent comments by Fed officials have cooled such expectations, sending Wall Street on Monday to its worst day in months. Discouraging reports on the economy have meanwhile highlighted the risk of a recession.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 1. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

U.S. stocks fluctuate amid Fed policy, growth risks - BNN BloombergUS index futures struggled for direction as investors digested the latest hawkish noises from the Federal Reserve amid mounting signs of a global economic slowdown.
출처: BNNBloomberg - 🏆 83. / 50 더 많은 것을 읽으십시오 »