News Formal

International Finance: Asia stocks, US futures slide on hawkish Fed tone: markets wrap

  • 📰 dailymaverick
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 84%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

Stocks in Asia dropped alongside US equity futures after comments by two Federal Reserve officials that they were considering 50 basis-point interest rate hikes to battle persistently high inflation.

The market has been “a little bit too sanguine” so far this year when it comes to the prospect of an imminent Fed pivot, according to Helen Zhu, chief investment officer at Hong Kong-based Nan Fung Trinity.

Australian bond yields rose, following the moves in Treasuries, and as the chief of the nation’s central bank spoke in parliament. Governor Philip Lowefurther rate increases would be needed to tame rising prices as policy makers balanced two key risks: “One is the risk of not doing enough, which would result in high inflation persisting and then later proving very costly to get down,” he said. “The other is the risk that we move too fast, or too far.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 3. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

International Finance: Asia stocks, US futures fall after hot CPI print: markets wrapAsian stocks and US equity futures fell on Wednesday as investors weighed hot American inflation data and mixed commentary from central bankers on the outlook for interest rates.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

International Finance: Asia follows Wall Street higher in risk-on rally: markets wrapStocks in Asia rose after US shares climbed and Treasuries sold off as investors weighed fresh data that indicated further Federal Reserve tightening ahead.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

5 JSE stocks investors have eyes on right nowHere are five local stocks South African experts have chosen as their stock picks for February 2023.
Источник: BusinessTechSA - 🏆 24. / 61 Прочитайте больше »

Asian stocks slip and US dollar steadies as Fed fuels rate hike worriesHigh US inflation data and comments from US central bank officials drive investor concerns over rate hikes, causing a sell-off in Asian shares and boosting the dollar
Источник: BDliveSA - 🏆 12. / 63 Прочитайте больше »

Business Maverick: Stocks Fall on US Consumers’ Relentless Spending: Markets WrapUS equity indexes fell after data showed that US retail sales in January jumped by the most in almost two years.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »