News Formal

Stocks slide, dollar mixed before rate calls | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Stocks slide, dollar mixed before rate calls

US stocks end Tuesday with regional bank stocks logging another day of plummeting values ahead of the Fed’s policy decision. – The Malaysian Insight file pic, May 3, 2023.

EUROPEAN and US stock markets fell yesterday ahead of key interest rate decisions on both sides of the Atlantic this week, and worries about banks continued to haunt investors. Meanwhile, the dollar wobbled against rival currencies as investors positioned themselves ahead of the US Federal Reserve’s announcement today and European Central Bank’s tomorrow.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tokyo stocks open higher with eyes on Fed this week | The Malaysian InsightMost analysts expect US interest rates to rise by 25 basis points.
Source: msianinsight - 🏆 8. / 63 Read more »

US stocks down after First Republic Bank takeover | The Malaysian InsightInitial jitters will give way to more confidence in the financial regulatory system, analysts say.
Source: msianinsight - 🏆 8. / 63 Read more »