Marketmind: Stocks set for strongest gains in a year

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

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Global stocks are having their strongest weekly rally in a year, global yields are sliding and corporate earnings reports have been surprisingly robust. If ...

Global stocks are having their strongest weekly rally in a year, global yields are sliding and corporate earnings reports have been surprisingly robust.

The premise is that the Federal Reserve, Bank of England, European Central Bank and other central banks are done raising rates. Investors are now looking to when the easing cycles start and how far they go. Around 70 to 75 basis points of Fed easing next year is priced into the U.S. curve, and almost 50 bps of expected rate cuts is reflected in the UK curve.

A Japanese markets holiday has trussed the yen to around 150.40 per dollar, towards the end of a whirlwind week when it hit a one-year low against the dollar and 15-year low against the euro after the Bank of Japan tweaked its yield curve control policy. Traders however remain on watch for signs of intervention from Japanese authorities.

Investors can earn a regular and predictable monthly income by investing in this REIT. The post This 8.3% Dividend Stock Pays Cash Every Month appeared first on The Motley Fool Canada. -- Costco Wholesale Corp.’s Richard Galanti, who has served as Chief Financial Officer of the warehouse club retailer since 1985, says he views the more than decade-long period of low interest rates in the US as an anomaly.

 

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:

 /  🏆 47. in NG

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.

DFO assesses shrimp stocks; most stocks in the critical zoneThe Department of Fisheries and Oceans is ahead of schedule in its assessment of shrimp stocks in the Gulf of St. Lawrence.
Source: NTVNewsNL - 🏆 54. / 59 Read more »

Global Mega-Cap Stocks Slide in OctoberMost global mega-cap stocks experienced a decline in October due to rising U.S. interest rates and lackluster earnings growth. Alphabet, Tesla, and Nvidia saw drops in market capitalization, while Microsoft's value increased. The slowdown in cloud business and reduced EV demand were among the factors affecting these stocks.
Source: SaltWire Network - 🏆 45. / 63 Read more »