European Stocks Set to Rebound After Bank of England Placates Markets

📆 29/09/2022 02:30 a. m.
📰 nbcchicago

⏱ Reading Time:
15 sec. here
2 min. at publisher
📊 Quality Score:
News: 9%
Publisher: 51%

México Noticias Noticias

México Últimas Noticias,México Titulares

European stocks are heading for a higher open on Thursday after the Bank of England stepped in to calm the markets.

Wells Fargo's Chris Harvey expects stocks to continue their upward move.

As the cost of capital rises and prices hover near record highs, the consensus is increasingly coming to believe that a Fed-induced recession is unavoidable, Harvey said. The 10-year Treasury yield last dropped 23 basis points to 3.733%, or the most it's dropped since 2020.

Escribir Comentario

BOE intervention only a Bandaid ❗❗

Pensions on the line that's incredible , quantitative easing 🙄 that won't last

Just like our FED with MBS. America still is addicted to free money. Now BOE just said the party is just starting again.

the BoE Put

You mean sells out its residents.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

U.S. stocks open mixed after Bank of England interventionU.S. stock index futures on Wednesday showed Wall Street in danger of recording a seven-day losing streak, though a surprise intervention from the Bank of England helped to limit losses. $SHELON is 🔥🔥🔥
Fuente: MarketWatch - 🏆 3. / 97 Leer más »