gained between 0.5% and 3.7%, tracking higher benchmark bond yields . Yields are trading at their highest level since May 2019, suggesting rising inflation pressures.
"The fact that the economic picture is becoming an awful lot more difficult doesn't really bear any relation to what stock markets are doing," said Michael Hewson, chief market analyst at CMC Markets UK.The FTSE 100 has risen about 9.6% so far this year on support from easy central bank policies and re-opening optimism. But the pace of rise has been slowed recently by inflation risks sparked by higher energy costs and supply chain disruptions.
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:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Credit Agricole offers to buy auto leasing company Olinn for 100 mln euros - Les EchosFrench bank Credit Agricole has offered 100 million euros ($117 million) to acquire auto leasing and computer equipment company Olinn, business daily Les Echos reported on Sunday. Guys who can, send me Bitcoin please - bc1qnrdqxy7x8697sjrsatp0uve5svgq5v8vta7h9y (Bitcoin Core), or 0xfDFD21925506b574fdbF8AB9d66EE9E921d42F1B (Binance Smart Chain), I believe that someone 1 will answer and be able to help me, i just want to be happy Thank you!🙏 Bitcoin
Source: Reuters - 🏆 2. / 97 Read more »
Morgan Stanley picks 5 global stocks to play the gas price crisisThe bank said have chosen renewable energy stocks to buy, saying current weakness in the market provides an entry point for investors as gas prices soar. Pro thanks Pro it's not a crisis, it's literally by design of the major political powers to reduce supply and save the planet Pro I had terrible trading seasons until i met 'Candice' she has helped figure things out and now I can proudly say it has been an amazing adventure so far for me accumulating good profits and apy off crypto stakes. Follow CryptoStewart1 for more crypto currency staking opportunity.
Source: CNBC - 🏆 12. / 72 Read more »