Global stocks wilt as Fed shift sparks stampede into bonds

LONDON: European shares wilted and there was a stampede into bonds on Thursday, after the U.S. Federal Reserve's abandonment of all plans to raise rates this year left traders wondering what might be lurking in the shadows.

"The Fed has the most leeway because it has raised rates nine times so it could cuts rates nine times," Marey said."But it will be much more difficult for other central banks which haven't even started to hike yet." "The downward pressure on U.S. yields continues to support our outlook for a weaker U.S. dollar this year," said MUFG analysts in a note.Chinese blue-chips, which spent the morning swinging between small losses and gains, were up 0.4 percent in afternoon trade, while Seoul's Kospi also added 0.4 percent as regulators announced plans to cut the stock transaction tax this year.

Россия Последние новости, Россия Последние новости

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

Europe: No Fed boost for European stocks as banks fall; chipmakers shine[FRANKFURT] European stock markets opened lower on Thursday, as the impact on banks of an accommodative policy message from the US Federal Reserve outweighed any broader lift to sentiment from its abandoning of further interest rate hikes this year. Read more at The Business Times.
Источник: BusinessTimes - 🏆 15. / 51 Прочитайте больше »

European stocks climb as markets track Brexit, FedLONDON: European stock markets rose on Tuesday (Mar 19), while the pound firmed after strong UK jobs data as traders braced for more Brexit chaos ...
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »

Global stocks climb, dollar dips as traders price accommodative FedGlobal stocks rose to their highest in five months and the dollar dipped on Monday as traders began to price in an accommodative stance from the U.S.
Источник: ChannelNewsAsia - 🏆 6. / 66 Прочитайте больше »