International Finance: Wall Street rips up dollar playbook as 2022’s top bet crumbles

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 84%

Portugal Notícia Notícia

Portugal Últimas Notícias,Portugal Manchetes

The dollar looked unstoppable earlier this year when investors were adding to bets on inflation and US rate hikes. Now they’re turning against it in droves.

fuel bets of a slower pace of rate hikes. Most have arrived at a similar conclusion: US exceptionalism is waning.

“US inflation is showing signs of moderating and the central bank is conscious of the lagged effect rate hikes would have on price growth,” said James Athey, investment director of rates management for Abrdn in London. At the same time, “we think that divergence has reached its limit”, he said, referring to the difference between monetary policy in the US and Japan.

The latest Fed minutes back their view. Most officials agreed it would soon be appropriate to slow the pace of rate increases. Expectations for the peak in Fed rates have dropped to below 5%, from above that in early November, according to overnight index swaps.

Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 3. in PT
 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

THE FINANCE GHOST: Shoprite shows the power of focusThe retailer is a classic example of a business that lost its focus, then found it — with a corresponding fall and rise in its share price, writes FinanceGhost.
Fonte: FinancialMail - 🏆 20. / 63 Consulte Mais informação »

ECONOMIC WEEK AHEAD: Focus on Africa finance industry summit, jobless rate, private sector creditFinance ministers and central bank governors meet to discuss how industry can drive economic recovery
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »

PHANTOM SHARES: The Finance Ghost: The lowdown on Mr Price, Takealot, Old Mutual and LewisMr Price has a red ocean strategy, as there really isn’t much to differentiate its businesses in the market. Great piece TheFinanceGhost.
Fonte: dailymaverick - 🏆 3. / 84 Consulte Mais informação »

THE FINANCE GHOST: Shoprite shows the power of focusThe retailer is a classic example of a business that lost its focus, then found it — with a corresponding fall and rise in its share price, writes FinanceGhost.
Fonte: FinancialMail - 🏆 20. / 63 Consulte Mais informação »

THE FINANCE GHOST: Shoprite shows the power of focusThe retailer is a classic example of a business that lost its focus, then found it — with a corresponding fall and rise in its share price, writes FinanceGhost.
Fonte: FinancialMail - 🏆 20. / 63 Consulte Mais informação »

African finance ministers to meet in Lomé to discuss economic recoverySummit will focus on Africa’s finance industry and the role it can play in economic integration through the harmonisation of policy in different countries
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »